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U.S. commerce secretary warns China will be ‘uninvestable’ without action on raids, fines

Por: Portland Press Herald World August 31, 2023

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SHANGHAI — Commerce Secretary Gina Raimondo on Wednesday said she warned Chinese leaders that U.S. businesses might stop investing in their country without prompt action to address complaints about worsening conditions due to raids on firms, unexplained fines, and unpredictable official behavior. Raimondo’s comments add to pressure on Chinese leader Xi Jinping’s government, which is trying to revive investor interest and reverse an... + full article



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