U.S. Commerce Secretary Gina Raimondo talked up American firms’ desire to do business in China and her hopes for further engagement with Chinese officials on market access on Wednesday, after earlier comments over China being “uninvestible.”
At a press conference in Shanghai, Raimondo said she had not expected any breakthroughs on issues affecting U.S. firms such as Intel (INTC.O), Micron (MU.O), Boeing (BA.N), Visa (V.N) and Mastercard (MA.N) in her first meetings with Chinese officials, but did hope to “see some results” in the next few months as a result of her four-day visit to Beijing and Shanghai.
Source: Reuters
