American businesses are running out of patience with China

In an interview broadcast on September 3, US Commerce Secretary Gina Raimondo warned China that the patience of US businesses is “running out”, emphasizing that US companies deserve “a predictable environment and a level playing field”.

Bộ trưởng Thương mại Gina Raimondo: Các doanh nghiệp Mỹ đang 'cạn dần' kiên nhẫn với Trung Quốc

US Commerce Secretary: US businesses are 'running out' of patience with China.

The world's two largest economies used to be each other's biggest trading partners, but Washington now trades more with its neighbors Canada and Mexico, while Beijing trades more with Southeast Asia.

During a recent visit to China, Minister Raimondo stressed that American businesses are eager to promote a productive relationship, and that while some actions by the Chinese government are positive, the reality needs to match those statements.

“China is making things more difficult… patience is wearing thin among American businesses,” Raimondo said in an interview with CBS’s “Face the Nation.” “They need and deserve a predictable environment and a level playing field. Hopefully, China will heed that message so that we can have a stable, growing trade relationship.”

According to Secretary Raimondo, American companies face new challenges, including large, unexplained fines, sanctions against businesses and changes to China's counterintelligence laws.

Ms. Raimondo also informed Beijing that her email account was hacked before her visit to China in late August.

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