How high tensions between China and the U.S. are impacting American companies
Commerce Secretary GIna Raimondo is set to travel to China at a time when U.S. executives and investors are facing increasing uncertainty and risk doing business there.
by David Gura
Aug 26, 2023
3 minutes
Tensions between China and the U.S. are running high — and that's leaving American companies having to carefully navigate their approach to a key player in the global economy.
The uncertainty U.S. businesses are facing is getting increased attention this week as Commerce Secretary Gina Raimondo is set to become the latest senior official to visit Asia's largest economy.
Raimondo's trip, which is scheduled from Sunday to Wednesday, comes at a tricky moment. On top of the trade tensions with the U.S., China is facing a slowing economy.
Here's a look at how American companies are currently approaching China.
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