Gina Raimondo cautioned China regarding American businesses' need for a predictable environment and a level playing field.
Raimondo's statement followed her visit to China, where she advocated for improved trade relations between the two largest world economies.
She noted a strong interest among U.S. businesses to engage with China but highlighted challenges like unexplained fines, raids, and surveillance faced by American firms.
Previously, the U.S. and China were major trade partners, but now the U.S. trades more with Canada and Mexico, while China focuses on Southeast Asia.
Raimondo emphasized China's need to make it easier for a stable and growing commercial relationship.
She mentioned being clear and firm in her discussions with Chinese counterparts, avoiding sugarcoating.
Raimondo expressed concerns about the slowdown in China's real estate sector, which contributes significantly to its economy.
She emphasized that China's economy performs better when it is more transparent and market-oriented.
U.S. government secretary Gina Raimondo warns China about diminishing patience among American businesses for an unpredictable environment and unfair competition during her recent trip to China.