US Commerce Secretary says there are ‘legitimate concerns’ with Chinese investment in the US

Washington CNN —

US Commerce Secretary Gina Raimondo said there are “legitimate concerns” with Chinese investments in the US as it relates to national security.

“We have to be real about those concerns,” Raimondo told CNN’s Dana Bash in an interview for CNN’s “State of the Union.”“So to the extent that Chinese investors, buying farmland, buying US businesses, erodes our national security, then we should stop it.”The commerce secretary traveled to Beijing and Shanghai last week to discuss US-China commercial ties, challenges faced by US businesses and areas for potential cooperation. Raimondo, who is the first US commerce secretary to […]

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