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The Latest Breaking News from Gina Raimondo

Biden names technology hubs for 32 states and Puerto Rico to help the industry and create jobs

The White House says the dozens of U.S. technology hubs President Joe Biden is announcing will help communities across the country become centers of innovation critical to its competitiveness

The Independent UK

China says US moves to limit access to advanced computer chips hurt supply chains, cause huge losses

Beijing has vigorously protested the U.S. Commerce Department's latest update of export controls to prevent exports to China of advanced computer chips and the equipment to make them

The Independent UK

The Commerce Department updates its policies to stop China from getting advanced computer chips

The Commerce Department has updated and broadened its export controls to stop China from acquiring advanced computer chips and the equipment to manufacture them

The Independent UK

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Why Commerce Secretary Gina Raimondo is calling Huawei's new phone 'incredibly disturbing'

U.S. officials are worried that a new cutting-edge chip from Huawei undermines Washington's tech controls on China.

Fortune

Commerce Secretary Gina Raimondo on her working group with China: 'Hopefully the baby steps lead to bigger steps'

At Fortune's CEO Initiative, Raimondo laid out the Biden administration's "small garden, high walls" approach to building its relationship with China.

Fortune

Companies Seeking CHIPS Act Subsidies Are Encouraged To Double-Dip

At least a dozen states have beefed up targeted incentives to coincide with handouts from the Commerce Department.

Reason

Joe Biden: Actually good at politics

Author Franklin Foer talks about his full-spectrum portrait of the man who wins because everyone underestimates him

Salon

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Joe Biden calls for stable US-China relationship during south-east Asia tour

US president’s remarks came after after meeting in Vietnam with Communist party official to secure global supply chain

The Guardian - US

Biden hails ‘elevated’ relations with Vietnam as countries move forward from ‘bitter past’ of war

Vietnam is elevating relations with the US to the level of a comprehensive strategic partner, Vietnam’s highest tier of international partnership

The Independent UK

Biden finds a new friend in Vietnam as American CEOs look for alternatives to Chinese factories

President Joe Biden heads to a Vietnam that’s looking to dramatically ramp up trade with the United States

The Independent UK

China uses bizarre memes of US commerce boss to plug new phone

‘No commerce secretary has been tougher than I on China,’ Raimonda says in altered video on Chinese TV

The Independent UK

How Biden wants to use G20 summit to prove US is a better partner than China

President Joe Biden hopes to demonstrate to the world at the upcoming Group of 20 summit in India and during a visit to Vietnam that the United States and like-minded allies can be more trustworthy partners than China on economic and security issues

The Independent UK

Biden aims to use G20 summit and Vietnam visit to highlight US as trustworthy alternative to China

The Independent UK

Want a more perfect union? Watch the Rugby World Cup

The men’s US Eagles failed to qualify but events in France will still give American rugby fans a chance to come together

The Guardian - US

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Fortune

Use Nvidia's powerful chips as a 'chokepoint' to force adoption of A.I. regulations, DeepMind cofounder Mustafa Suleyman suggests

Nvidia's chips are critical to training A.I. models—giving Washington leverage to push the chipmaker's customers to adopt its rules.

Fortune

America and China’s $574 billion chip war has already scored an ‘extraordinary success beyond anyone’s wild dreams’ for Joe Biden

Gina Raimondo wanted to stress there was no plan about "decoupling" in Beijing but abandon export controls? "No, of course not."

Fortune

CEOs have committed to reducing reliance on China—but can't settle on an alternative

If not China, where?

The Guardian - UK

Western politicians face tough balancing act on visits to Beijing

UK’s James Cleverly is latest to travel to Beijing hoping to improve ties and change Chinese foreign policy

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news in one place.

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The Independent UK

US commerce secretary warns China will be 'uninvestable' without action on raids, fines

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

Fortune

Biden’s commerce chief just denied the U.S. is breaking up with China and then listed all the ways it’s doing exactly that

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.

Al Jazeera

US commerce secretary says companies see China as ‘uninvestable’

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

The Times of India

US commerce secretary Gina Raimondo: American firms see China becoming uninvestible

Commerce secretary Gina Raimondo said US companies tell her that China is becoming increasingly “uninvestible” because of growing risks to doing business in the world’s second-biggest economy.

The Independent UK

Top Chinese official tells the US commerce secretary he's ready to improve cooperation

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

Caixin Global

China and U.S. Agree to New Dialogue on Trade

American Commerce Secretary Raimondo confers with Commerce Minister Wang Wentao in fourth Beijing visit by a Biden cabinet member since June

Fortune

Billions of dollars are flowing out of Chinese markets in a ‘seismic’ change in capital flows despite a flurry of actions to shore up confidence

“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.

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