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Al Jazeera
Al Jazeera
Business

US commerce secretary says companies see China as ‘uninvestable’

Chinese Vice Premier He Lifeng and US Commerce Secretary Gina Raimondo head to their seats for a meeting at the Great Hall of the People in Beijing, China [Andy Wong/AP]

The US Secretary of Commerce says United States companies have complained that China has become “uninvestable”, pointing to fines, raids and other measures that have made it risky to do business there.

Gina Raimondo’s comments came on Tuesday as her delegation of American officials headed from Beijing to Shanghai in the latest visit by a top US government representative to China in recent months.

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