The U.S. secretary of commerce says that U.S. companies have complained to her that the Chinese government is making the country “uninvestible” for foreign businesses.
Gina Raimondo told reporters while traveling in China that government fines, raids and other actions have made it risky for American companies to do business in China. Citing one example, she said there was “no rationale given” for Chinese government restrictions on U.S. chipmaker Micron Technology. “There has been limited due process, and that’s why I brought it up,” Raimondo said.
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