The US needs a stable Chinese economy. Will Biden’s commerce secretary offer help?

Play Hong Kong CNN —

US Commerce Secretary Gina Raimondo will travel to China next week, a visit that coincides with a worsening slowdown in the world’s second largest economy .

While China’s troubles might give Raimondo greater leverage to pursue better market access for American companies, she is also likely to face calls from Beijing to help stabilize its faltering economy by easing some of the pressure Washington has recently applied.“In terms of Raimondo’s trip, Beijing’s principle objective will be securing a reprieve, however temporary, from the onslaught of US export controls and other restrictions being levied on China’s economy,” […]

Click here to visit source.

See also  U.S. extends carrier deployment after Syria attack

By Donato