US Commerce Secretary Calls for Predictable Environment and Fair Play in US-China Relations
By Reuters Staff
WASHINGTON – In a recent interview broadcast on September 3, US Commerce Secretary Lemond expressed concerns over the deteriorating patience of American businesses operating in China. He emphasized the need for a predictable environment and a level playing field, urging China to address these pressing issues.
During his recent visit to China, Secretary Lemond observed a strong desire among US companies to maintain a productive relationship with their Chinese counterparts. While he acknowledged some positive actions taken by the Chinese government, he stressed the importance of concrete actions on the ground to address lingering concerns.
Speaking on CBS’ “Face the Nation” on Wednesday, Secretary Lemond noted that China’s actions have further complicated the situation. He stated, “We have made it clear that American businesses require a predictable environment and a level playing field. The patience of American businesses is running thin. We hope China listens and strives to establish stable commercial relations.”
Furthermore, Secretary Lemond warned that China’s economy is facing significant challenges as regulatory measures become increasingly arbitrary, intensifying the already difficult circumstances.
Looking ahead, the call for a predictable and fair business environment signifies the pressing need for constructive dialogue to shape the US-China relations in a manner that benefits both nations.
WASHINGTON (Reuters) – US Commerce Secretary Lemond said in an interview broadcast on September 3 that China needs a predictable environment and a level playing field, warning that the patience of US business is “eating”. FILE PHOTO: Shanghai, China August 30, 2023. REUTERS/Aly Song
[ワシントン ３日 ロイター] – US Commerce Secretary Lemond told China in an interview broadcast on Thursday that the patience of US businesses is “wearing thin” and called for a predictable environment and fair play.
During a recent visit to China, Mr. Lemond said there was a strong desire among US companies to make the relationship work. At the same time, he said that some actions by the Chinese government were positive, but that there was a need to respond to the comments on the ground.
In an interview with CBS’ “Face the Nation” on Wednesday, he said China has made the situation more difficult. “We have made it clear that American businesses need a predictable environment and a level playing field. The patience of American businesses is running out. We hope that China will listen and build stable commercial relations,” said Ta.
He also said that China’s economy is facing a much tougher time as authorities become more arbitrary in terms of regulation.
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