U.S. Secretary of Commerce warns China: U.S. companies in China are losing patience
Mulian
September 6, 2023
Image copyright©️Mulian
[New Sancai Compilation and First Release] U.S. Secretary of Commerce Raymond Raimondo said in an interview with TV media recently that American companies in China are being tortured and obstructed by the Chinese government for no reason, and the patience of American companies in China is gradually paralyzed. The statement stated that the Chinese government should provide American companies with a predictable and level playing field, which is also an indirect warning to the Chinese government.
The United States and China were once the world's two largest trading partners. During Raimondo's recent visit to China in August, he said that American companies have a strong willingness to strengthen the business development of the two countries, but some actions of the Chinese government have been inconsistent with words and deeds. contrary to what was said above.
Raimondo told the TV reporter that China is creating some obstacles to American companies, so that the patience of American companies is gradually breaking down. She said she hopes the Chinese government will take note of this so that the two countries can have a stable and developing business relationship.
Raimondo said that American companies are facing inexplicable obstruction or interference, including huge fines without explanation, raids on American companies, and a new version of the anti-espionage law that criminalizes people. She told American TV reporters that in her conversations with Chinese officials, her attitude was very clear, direct and firm. She didn't slap them or whitewash anything.
Raimondo also confronted Chinese officials during her visit that her emails were hacked before the visit. But the Chinese government said they were not aware of the incident and that they did not do it on purpose. But she told television reporters that she thought it was necessary to put the matter on the table and let them know that such an action would hardly build America's trust in them.
China is struggling to cope with the embarrassing economic downturn. Country Garden, which accounts for about a quarter of the size of China's real estate market, has a debt crisis that has left the Chinese government devastated and has also brought a major crisis to China's real estate industry. Raimondo said that if the Chinese economy can be more transparent and market-oriented, their economy should perform better. But because they've closed their doors, and the regulatory approach has become more arbitrary, it's already putting their economies in very, very hard trouble.
In an interviewed program, Raimondo was asked by a reporter whether the United States would export super chips to China in a way that would make China not feel that the United States was trying to stifle its military technology. Raimondo firmly stated that it would limit the CCP’s military Capability is what America wants to do. "We're limiting their military capabilities," Raimondo said. So if China thinks so, it shows that our strategy is working. We certainly don't sell them the most advanced American chips they want to boost their military capabilities.
(Compilation: Mulian)
(Editor in charge: Jiang Qiming)
(Source of the article: New Sancai first release)