US Commerce Secretary Gina Raimondo has made headlines by dismissing the notion of a potential military conflict with China over Taiwan. In an interview, Raimondo highlighted the mutual desire of both nations to stabilize their relationship, emphasizing global expectations of responsible management.
Acknowledging the intense competition between the United States and China, Raimondo echoed the sentiments of President Joe Biden, emphasizing a preference for competition over hostility. He stressed the importance of direct talks and open dialogue to avoid a breakdown in diplomacy between the two superpowers.
Raimondo shed light on concerns raised by US companies about China’s non-investment environment, citing factors such as the anti-espionage act, unpredictability and raids on US companies. It presented China with an opportunity to respond and implement change.
However, Raimondo made it clear that national security issues, especially regarding semiconductor chips used in advanced weaponry, are non-negotiable. He vowed to use all available tools to ensure that sensitive technologies do not fall into the hands of the Chinese military.
In response to recent US regulations limiting semiconductor exports to China, Chinese spokesman Mao Ning expressed strong opposition, accusing the US of politicizing and weaponizing trade and technology issues. Despite these tensions, Raimondo emphasized the importance of addressing broader aspects of the US-China economic relationship.
With a $700 billion trade relationship between the two countries, Raimondo noted that the vast majority does not involve export controls. The upcoming summit between President Biden and Chinese President Xi Jinping in the San Francisco Bay Area will address various economic considerations, military communication, the climate crisis and drug trafficking.
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