US and Chinese trade officials express concern over each other’s restrictions

WASHINGTON (AP) — Commerce Secretary Gina Raimondo and her Chinese counterpart, Wang Wentao, expressed concern Thursday about the policies of each other’s governments and U.S. restrictions on exports of semiconductor technology following Chinese crackdowns on consulting firms.

Both sides reported no progress on technical and security disputes, but Raimondo and Wang pledged to strengthen exchanges on trade issues.

Firms from both sides are hampered by tight official controls on semiconductor trading and other activities for security reasons. Political ties between the two governments are at their lowest level in decades following disputes over technology, security, China’s territorial claims and Beijing’s treatment of Hong Kong and ethnic minorities.

Raimondo „raised concerns” about Chinese actions against US companies in China, his office said in a statement. It said they discussed the trade and investment environment and „areas of potential cooperation” but gave no details.

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