U.S. and China Agree to Broaden Talks in Bid to Ease Tensions
During a visit to Beijing, Gina Raimondo, the commerce secretary, said the two sides would meet to discuss export restrictions and intellectual property, among other issues.
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During a visit to Beijing, Gina Raimondo, the commerce secretary, said the two sides would meet to discuss export restrictions and intellectual property, among other issues.
From tourism to advanced technology, here are the topics that are dominating the secretary’s visit to China this week.
The country’s legal marijuana business — a rarity in Asia — is struggling with oversupply, illegal imports and regulatory ambiguity. Investors are piling in anyway.
The commerce secretary’s trip may be the clearest demonstration yet of the balancing act the Biden administration is trying to pull off in its relations with China.
Businesses fear that efforts to look tough on Beijing, which have the potential to be more expansive than moves by the federal government, could have unintended consequences.
The new limits, aimed at preventing American help to Beijing as it modernizes its military, escalate a conflict between the world’s two largest economies.
The United Arab Emirates, which has translated its wealth into outsize global influence, is diverging from U.S. foreign policy — particularly when it comes to isolating Russia and limiting ties with China.
Despite tough talk, Britain’s new sanctions program against Russia’s invasion of Ukraine has proved shaky. Some oligarchs have received generous exemptions. Officials have at times overreached.
Any such restrictions are expected to anger Beijing and will be the first test of the new channels of communication that the world’s two largest economies are trying to restore.
Treasury Secretary Janet Yellen, after 10 hours of meetings with Chinese officials, said the two sides would pursue “more frequent communication” despite their deep differences.