On a trip to Beijing, U.S. Commerce Secretary Gina Raimondo has said that trade and transparency can serve as the foundation for better ties between the world’s top two economies.
With Raimondo among key architects of U.S. economic tools to restrain Beijing, including efforts to deny it access to advanced technologies, her trip to China this week is a key test of efforts by the administration of U.S. President Joe Biden to ease tensions while holding firm on what it considers national security interests.
"The plan and the hope is that the commercial relationship, done right, can stabilize the political relationship,” she said Monday at an event showcasing American health and beauty businesses.