News Formal

US seeking more 'predictable' business environment in China: Raimondo

  • 📰 brieflyza
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

The United States wants to work with China to ensure a more 'predictable' environment for American businesses in Shanghai, Commerce Secretary Gina Raimondo told officials in the economic hub on Wednesday.

environment, predictable regulatory environment, and a level playing field for American businesses here in Shanghai".

Those fears have been compounded this year by a broad crackdown on US consulting firms operating in China.A new anti-espionage law, which came into force on July 1, has also spooked foreign and domestic firms as they try to decipher authorities' intentions and, crucially, pinpoint what is off-limits.

She also emphasised the"importance of strengthening the protection of trade secrets for US businesses operating in China".

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China measures lift Asia stocks; treasuries steady: Markets wrapBitcoin fell 0.3% to $26 000.95.
Source: Moneyweb - 🏆 5. / 77 Read more »