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Business Matters: Gina Raimondo says US businesses see China becoming ‘uninvestable’

Gina Raimondo says US businesses see China Becoming ‘uninvestible’

30/08/2023 GMT

Gina Raimondo says US businesses see China becoming ‘uninvestable’

BBC World Service - Business Matters, Gina Raimondo says US businesses see China becoming ‘uninvestable’

US commerce secretary calls on Beijing to act to help businesses

US commerce secretary Gina Raimondo, is calling on Beijing to reduce the risk of doing business in China for American companies.

US commerce secretary, Gina Raimondo, is calling on Beijing to reduce the risk of doing business in China for American companies. Ms Raimondo says fines, raids and other actions have made it too risky to do business in the world's second largest economy. She made the remarks during her current four-day trip to China, but added she didn't want Washington to cut links with the Chinese economy. The Chinese premier, Li Qiang, accused the United States of politicising trade, which he warned would have a disastrous impact on global finances.

Workers at two large liquefied natural gas plants in Australia are set to go on strike from 7 September, in a move that could drive up global prices. The dispute is about pay and working conditions. The Wheatstone and Gorgon sites produce more than 5% of the world's LNG and about 500 workers are currently employed at the two plants in Western Australia.

Roger Hearing discusses these topics and more with Jyoti Malhotra, editor, National and Strategic Affairs of The Print news portal in Delhi and Alison Van Diggelen, host of the Fresh Dialogues in San Francisco.

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