U.S. Commerce Secretary Gina Raimondo talks to Chinese Premier Li Qiang during a meeting at the Great Hall of the People in Beijing, China Tuesday, August 29, 2023. Andy Wong/Pool via REUTERSSHANGHAI/WASHINGTON, Aug 29 - China's embassy in Washington on Tuesday defended its business practices after U.S. Commerce Secretary Gina Raimondo said U.S. firms had told her that China had become "uninvestible.
"China is actively advancing its high-level opening-up and making efforts to provide a world-class, market-oriented business environment governed by a sound legal framework," he said. "China will only open its doors even wider to the outside world."Raimondo said Tuesday U.S.
"Increasingly I hear from American business that China is uninvestible because it's become too risky," she said.