Commerce Secretary Gina Raimondo has kicked off her China tour, calling for “stable” trade relations even as both countries continue to chip away at them.
The secretary said she planned to discuss U.S. technology controls, commercial disputes and opportunities for doing more business in her visits to Beijing and Shanghai this week.
The state has little experience with semiconductors, but the Biden administration has promised to unleash opportunity in “the heartland of America” through the $52 billion CHIPS Act.