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US commerce secretary expresses concern over China's actions vs US firms

US Secretary of Commerce Gina Raimondo raised concerns about China's recent actions against US companies in a high-level meeting with Chinese Commerce Minister Wang Wentao. The meeting, the first in over two years, saw Raimondo voicing concerns over China's targeting of US firms, with particular mention of actions taken against Idaho-based Micron Technology. Despite not naming specific companies, her comments reflect escalating trade tensions between the two nations. Both parties also engaged in "candid and substantive" discussions on US-China commercial relations, potential areas of cooperation, and the overall trade and investment environment in both countries. This meeting fits into the Biden administration's wider efforts to prevent further deterioration in US-China relations.


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