The Latest Breaking News from Commerce

India can play a pivotal role in global manufacturing post-pandemic, says Arun Kumar, former US Assistant Sec. of Commerce. He envisions a world where nations have learnt from the havoc wreaked by centralising manufacturing in China. His new book, The Global Trade Paradigm, explores how to rethink international business.

Commerce Secretary Gina Raimondo says 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

Shenzhen Component Index closed up 0.26%

In Beijing this week, Gina Raimondo kept insisting the U.S. and China aren’t headed for a decoupling, but then she got into the details.

Gina Raimondo is fourth senior US official to visit China in recent months as two countries seek to manage tensions.

The top Chinese official in charge of economic relations with Washington has told Commerce Secretary Gina Raimondo he's ready to “make new positive efforts” to improve cooperation following an agreement to reduce trade tension

“China has now seen consistent and large outflows for the past 18 months, as investors grow wary of autocracies,” IIF chief economist Robin Brooks wrote in a Sunday post.

Gina Raimondo says ‘profoundly important’ for two biggest economies to have a stable relationship.

Commerce Secretary Gina Raimondo said she and her Chinese counterpart agreed Monday to exchange information on U.S. export controls that frustrate Beijing and set up a group to discuss other commercial issues, but neither side appeared ready to make concessions on disputes that have plunged relations to their lowest level…

U.S. Commerce Secretary Gina Raimondo and her Chinese counterpart have expressed support for improving trade conditions as Raimondo begins a visit to Beijing as part of U.S. efforts to improve chilly relations

Commerce Secretary Gina Raimondo is the latest member of President Joe Biden’s Cabinet to visit China as his administration tries to mend the deteriorating ties between the world’s two largest economies