Chinese Commerce Ministry spokesperson Shu Jueting did not offer a date, but said the countries are in “close communication on arrangements,” according to reports Thursday.
Media have speculated that a visit could come as early as later this month. Raimondo last met her Chinese counterpart, Wang Wentao, in Washington in May to discuss trade.on Aug. 9 to block and regulate U.S. high-tech investment in China, reflecting the intensifying competition between the world’s two biggest economies.
The order covers advanced computer chips, micro electronics, quantum information technologies and artificial intelligence. Senior administration officials said the effort is related to national security goals rather than economic interests and the categories it covers are intentionally narrow in scope. The order seeks to blunt China’s ability to use U.S. investments in its technology companies to upgrade its military while also preserving broader levels of trade that are vital for both nations’ economies.
Shu said China is conducting a “comprehensive assessment of the impact of the U.S. executive order” on U.S. foreign investment and will “take the necessary response measures based on the results of the assessment.”
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