Reassurances from US Commerce Secretary Gina Raimondo in China this week may have fallen on deaf ears as tech-containment efforts and supply-chain shifts persist.
Washingtonâs repeated calls for âde-risking, not decouplingâ from Chinaâs economy, has been a hard sell to Chinese leaders, analysts say after the two countries set up a mechanism this week to assess how they can jointly tackle sensitive trade and tech curbs in the coming months.
Hailing her âproductiveâ China trip that marked âan important beginningâ in managing bilateral tensions, US Commerce Secretary Gina Raimondo relayed the message once again to her Chinese counterparts this week that the US does not seek to decouple, nor does it intend to hold back Chinaâs economy.
Meanwhile, she insisted that the US would not negotiate in matters of national security, after Beijing and Washington debuted an information exchange mechanism on export controls â a move not expected to substantially ease export controls, as Beijing desires.
âI was very clear that, for all of our controls ⦠weâre not interested in changing them and we are not interested in negotiating them,â she said on Wednesday in Shanghai.
Stable China, US economic ties is âwhat the world expectsâ, Gina Raimondo says
On Friday, the Ministry of Foreign Affairs had some strong words on the matter, at a regular press conference. It accused the US of comprehensively âcontainingâ China through wars of tariffs, trade, tech, chips and rules.
The US has beefed up restrictions to choke off Chinaâs access to advanced technologies, which has been widely viewed as damaging bilateral relations.
âWhat the US is doing is not competition but enforcing its zero-sum cold war mindset,â ministry spokesman Wang Wenbin said. âChina strongly opposes the suppression of the US in the name of competition, which will only push two countries towards confrontations and divide the world with the new cold war.â
The comments were in line with Chinaâs repeatedly stated opposition to any moves that cut it off from the worldâs key supply chains. Officials have repeatedly slammed such attempts to de-risk economies as being false propositions and only detrimental to the global economy.
Hailing her âproductiveâ China trip that marked âan important beginningâ in managing bilateral tensions, US Commerce Secretary Gina Raimondo relayed the message once again to her Chinese counterparts this week that the US does not seek to decouple, nor does it intend to hold back Chinaâs economy.
Meanwhile, she insisted that the US would not negotiate in matters of national security, after Beijing and Washington debuted an information exchange mechanism on export controls â a move not expected to substantially ease export controls, as Beijing desires.
âI was very clear that, for all of our controls ⦠weâre not interested in changing them and we are not interested in negotiating them,â she said on Wednesday in Shanghai.
Stable China, US economic ties is âwhat the world expectsâ, Gina Raimondo says
On Friday, the Ministry of Foreign Affairs had some strong words on the matter, at a regular press conference. It accused the US of comprehensively âcontainingâ China through wars of tariffs, trade, tech, chips and rules.
The US has beefed up restrictions to choke off Chinaâs access to advanced technologies, which has been widely viewed as damaging bilateral relations.
âWhat the US is doing is not competition but enforcing its zero-sum cold war mindset,â ministry spokesman Wang Wenbin said. âChina strongly opposes the suppression of the US in the name of competition, which will only push two countries towards confrontations and divide the world with the new cold war.â
The comments were in line with Chinaâs repeatedly stated opposition to any moves that cut it off from the worldâs key supply chains. Officials have repeatedly slammed such attempts to de-risk economies as being false propositions and only detrimental to the global economy.
