U.S. Businesses Need Predictability From China, Commerce Chief Says

I had no expectation that on my first visit here, in my first meeting with Chinese officials, that we would suddenly resolve, you know, specific issues, some of which have been happening for more than a decade. We were able to clarify in the first meeting that we are not targeting China. We’re targeting certain behavior. We’re targeting actions and behavior, which undermine U.S. national security. U.S. businesses want to do business here, but they need to have a predictable regulatory environment. Some of the recent moves that the Chinese government is making are positive. But we have to see the situation on the ground match the rhetoric. So I’m ready to get to work. I’ll go home and follow up on these meetings and I hope the next few months, we will start to see some results and see whether we can make progress on the issues that were raised.