U.S. Commerce Secretary Gina Raimondo arrives for a meeting with her Chinese counterpart Wang Wentao, at the Ministry of Commerce in Beijing, Monday, Aug. 28, 2023.Andy Wong | Pool | via ReutersU.S. Commerce Secretary Gina Raimondo met with Chinese officials in a high-stakes visit to Beijing and Shanghai this week, and she said Sunday that the trip helped establish open lines of communication between the two nations.Raimondo is the fourth high-level U.S. official to visit China this summer, but she is the first U.S. Commerce secretary to travel to the country in five years — a period where the bilateral relationship has grown increasingly tense.”We are in a fierce competition with China at every level, and anyone who tells you differently is naive,” Raimondo told NBC’s “Meet the Press” Sunday. “All of that being said, we need to manage this competition. Conflict is in no one’s interest.”Raimondo said that a lack of communication between the U.S. and China could further escalate tensions and lead to misunderstandings, so structured discussions are key for addressing commercial issues that arise.The Commerce secretary’s trip to China …
Latest Business News
Sustainability Leadership Today (7/18/2026) - Watch On YouTube View The Session Page Full New York… Read more...
Decarbonization is Consistent With Multiple Megatrends (7/17/2026) - Watch On YouTube View The Session Page Full New York… Read more...
New York Driving Decarbonization, Reliability, Affordability through Energy Innovation | Brandon Owens (7/14/2026) - Watch On YouTube View The Session Page Full New York… Read more...
Vehicle-to-Grid Readiness And The Value To Consumers And The Grid (7/14/2026) - Watch On YouTube View The Session Page Full New York… Read more...
Built for Care: Supporting Better Care Through Reliable, Resilient, and Efficient Infrastructure (7/1/2026) - Session recording of Built for Care: Supporting Better Care Through… Read more...
Rewriting the Playbook: Women Founders and the Future of Women’s Health (7/1/2026) - Session recording of Rewriting the Playbook: Women Founders and the… Read more...
Borrowed Minds, Broken Systems: Can AI Save or Sink Health (6/29/2026) - Full session recording featuring John Nosta of NostaLab, author of… Read more...
New York Energy Innovation Enters Its Infrastructure Era (6/28/2026) - 1BusinessWorld Research Article New York Energy Innovation Enters Its Infrastructure… Read more...