Tough on one hand, flexible on the other - News Summed Up

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Tough on one hand, flexible on the other


US Commerce Secretary Gina Raimondo has offered greater clarity to a relationship with China that Joe Biden's administration is probably trying to craft. Despite talks of decoupling from China for some years, it is increasingly obvious that the administration is refining its approach. One - advanced technology - is non-negotiable; the other - concerning trade and probable areas of cooperation - is flexible. Raimondo said she had rejected outright Premier Li Qiang's request to reduce export controls on technology and withdraw the executive order banning US investment in Chinese technology companies. Perhaps it is because London's foreign policy towards China cannot be separate on its own from that of the US.


Source: The Standard September 01, 2023 12:27 UTC



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