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- Mar 3, 2021
SHANGHAI, Oct 7 (Reuters) - U.S. Senate Majority Leader Chuck Schumer said on Saturday Washington did not seek to decouple from China, but wanted reciprocal and fair treatment for U.S. companies, as he kicked off a rare trip to the world's second-largest economy.
Schumer, who made the remarks at a meeting with Chen Jining, Shanghai's Communist Party Secretary, said the United States did not seek conflict and wanted to achieve a level playing field, "as we compete economically."
Schumer is leading a bipartisan congressional delegation to Asia, which includes stops in South Korea and Japan. It aims to advance U.S. economic and national security interests, and in China, the group hopes to meet Chinese President Xi Jinping.
The trip follows visits by a series of high-level Biden administration officials, including Commerce Secretary Gina Raimondo in August.
Raimondo said in August that U.S. companies had complained to her that China has become "uninvestable", pointing to fines, raids and other actions that made it risky to do business there. "For U.S. business in many cases, patience is running thin, and it's time for action," she said.
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www.reuters.com
Schumer, who made the remarks at a meeting with Chen Jining, Shanghai's Communist Party Secretary, said the United States did not seek conflict and wanted to achieve a level playing field, "as we compete economically."
Schumer is leading a bipartisan congressional delegation to Asia, which includes stops in South Korea and Japan. It aims to advance U.S. economic and national security interests, and in China, the group hopes to meet Chinese President Xi Jinping.
The trip follows visits by a series of high-level Biden administration officials, including Commerce Secretary Gina Raimondo in August.
Raimondo said in August that U.S. companies had complained to her that China has become "uninvestable", pointing to fines, raids and other actions that made it risky to do business there. "For U.S. business in many cases, patience is running thin, and it's time for action," she said.
Visiting China, Schumer urges fair treatment of US firms
U.S. Senate Majority Leader Chuck Schumer said on Saturday Washington did not seek to decouple from China, but wanted reciprocal and fair treatment for U.S. companies, as he kicked off a rare trip to the world's second-largest economy.
www.reuters.com