AmCham China Chairman on the Significance of Secretary Raimondo’s Visit
“US Secretary of Commerce Raimondo’s four-day visit has been warmly received by American businesses in China, especially her endorsement of the “small yard, high fence” strategy. This philosophy resonates with our belief that US-China trade relations can remain mutually beneficial, while still safeguarding each nation’s security interests. Secretary Raimondo, who oversees both trade promotion and export controls, is the ideal advocate for striking this balance.
We are encouraged that Secretary Raimondo and Chinese Commerce Minister Wang Wentao have established two dedicated channels for constructive dialogue, which aim to guide both routine commerce and sensitive export control concerns, thereby laying the groundwork for mitigating potential conflicts and generating constructive resolutions.
Notably, Secretary Raimondo continued her engagement with American businesses in China just months after hosting our AmCham China business delegation in Washington DC. Her consistent involvement highlights a genuine commitment to understanding the multifaceted challenges and opportunities we face.
Given the significant US commercial and investment interests in China, we are appreciative of Secretary Raimondo’s efforts to recalibrate this important, yet complex, relationship. The American business community in China stands ready to engage with both governments, with the goal of seeking tangible results that improve the business environment for our companies.”
– Colm Rafferty, Chairman of AmCham China