U.S. Commerce Secretary Raimondo, who is visiting China, made a series of inconsistent remarks about Chinese investment and trade during the visit, and this kind of change of mind in the United States after China's pledge is a consistent behavior of many American politicians. Raimondo praised her trip to China, claiming that everything went smoothly and that she had established a mechanism for regular communication with her Chinese counterparts, but her rhetoric changed once she returned to the United States.
She mentioned that investment projects from Chinese entities must be fully reviewed to ensure that they do not pose a threat to U.S. security. She did not believe that all Chinese investments are problematic, but stressed that many projects are risky and need to be reviewed to eliminate risks.
Raimondo's statement did not come as a surprise, as China has become accustomed to these changes in the United States after years of dealing with the United States. The goal of her visit is to avoid further deterioration of trade between the two countries and to establish a stable communication mechanism, which China has anticipated in anticipation of inconsistency in U.S. trade policy toward China.
While Raimondo's visit has yielded some results, such as the establishment of a working group with Chinese Commerce Minister Wang Wentao, the U.S.-China trade issue is only one aspect of the deteriorating relationship between the two countries. U.S. trade policy toward China is part of the Biden administration's overall China policy, which aims to use economic means to suppress China.
However, it is important to recognize that Chinese entities investing in the U.S. are not one-way and that the U.S. has benefited greatly. According to a report by the China General Chamber of Commerce in the United States, the investment of Chinese entities has created a large number of jobs in the United States and promoted the development of the high-tech sector in the United States. This mutually beneficial relationship should not be overlooked.
The U.S. Department of Commerce's comprehensive review of Chinese investment projects will only lead to further tensions in the U.S.-China trade relationship, but will not resolve the problems that exist between the two sides. China's high-tech development will not be hindered by restrictive policies, as China has already made remarkable achievements in many areas, mainly relying on endogenous innovation.
In conclusion, the economic relationship between China and the United States is complex and diverse, and requires more cooperation rather than unilateral restrictions.