Gina Raimondo News

U.S. Commerce Secretary Gina Raimondo says she rebuffed an appeal by Chinese leaders to reduce U.S. export controls on technology with possible military uses

The top Chinese official in charge of economic relations with Washington has told Commerce Secretary Gina Raimondo he's ready to “make new positive efforts” to improve cooperation following an agreement to reduce trade tension

By David Shepardson

Asian shares are mostly rising as markets shift their attention from the U.S. Federal Reserve to earnings and economic reports

Gina Raimondo's visit to China is putting a spotlight on the future of TikTok in the United States, where criticism of the app and its ties to Beijing reached a fever pitch this year. Despite the intense pressure on the popular short-form video app, which is owned by Chinese technology company ByteDance, efforts to ban or regulate it in Washington have not borne fruit. And even with all that scrutiny, Raimondo is not planning to discuss TikTok while in China, a glaring omission that reflects the impasse at which it has left the Biden administration. The administration has been stymied by how to deal with TikTok even as intelligence officials have warned that it poses a national security threat.

Commerce Secretary Gina Raimondo says she and her Chinese counterpart agreed to exchange information on U.S. export controls that irk Beijing and set up a group to discuss other commercial issues

China have agreed to launch an export control enforcement information dialogue and a new formal working group on commercial issues, the U.S. Commerce Department said on Monday, giving Beijing a potential forum to express concerns. After meetings between U.S.

BEIJING (Reuters) — The United States and China agreed to launch an export control enforcement information exchange and a new working group on commercial issues, the U.S. Commerce Department said on Monday, giving Beijing a potential forum to express concerns.

Commerce Secretary Gina Raimondo is the latest member of President Joe Biden’s Cabinet to visit China as his administration tries to mend the deteriorating ties between the world’s two largest economies

By David Shepardson

By David Shepardson

By Andrea Shalal and David Ljunggren

China says it would welcome a visit by U.S. Commerce Secretary Gina Raimondo following the imposition of foreign investment controls by her agency that have stung numerous Chinese companies

China says it would welcome a visit by U.S. Commerce Secretary Gina Raimondo following the imposition of foreign investment controls by her agency that have stung numerous Chinese companies

BEIJING — China's Ministry of Commerce signaled Thursday it would respond, if needed, to the Biden administration's executive order to restrict U.S. investments in advanced Chinese technology.

semiconductor subsidy funding in a bid to boost the country's competitiveness with China's science and technology efforts. The White House is marking the one-year anniversary on Wednesday of President Joe Biden's signing of the landmark «Chips for America» legislation providing $52.7 billion in subsidies for US semiconductor production, research and workforce development.

White House on Wednesday will detail its plans to prohibit some USA investments in sensitive technology in China, and require that the government be notified of other investments, a senior government source told Reuters. The plans are aimed at preventing USA capital and expertise from helping develop technologies that could support China's military modernization and threaten USA national security. Reuters reported on Friday that President Joe Biden was expected to issue a long-awaited executive order to screen outbound investments in sensitive technologies to China this week. The senior government source said that the order is expected Wednesday. The White House declined to comment on Tuesday. Biden administration officials have stressed for months any restrictions on USA investment in China will be narrowly targeted.

hacking teams have been recently identified by Western intelligence agencies and cybersecurity groups. These groups are allegedly responsible for digital intrusion campaigns targeting government, military, corporations, and media organizations worldwide. While cybersecurity firms believe many of these teams are backed by the Chinese government, China's authorities have consistently denied any involvement in state-sponsored hacking. They assert that China is also a frequent target of cyberattacks and have referred to the U.S. as an «empire of hacking.» Here are some major hacking teams based out of China.

US commerce secretary Gina Raimondo said on Wednesday that the Joe Biden administration is seeking to carefully target US controls on exports to China, but rules will cost firms some revenue. Restrictions should not be so broad «that you deny American companies revenue and China can get the product elsewhere, or China can get the product from other countries,» Raimondo said at a forum.

By David Shepardson and Doina Chiacu

Pete Buttigieg said on Thursday his agency has national security concerns about Chinese autonomous vehicle companies in the American market after some lawmakers called for restrictions on their operations. «Whether we are talking about hardware or software, in the same way there are concerns around telecom or TikTok, there are concerns around transportation technologies,» Buttigieg said.