US Commerce Secretary Warns China: Play by the Rules or Face Consequences

U.S. Commerce Secretary Gina Raimondo emphasizes that a growing China, if it plays by the rules, can be beneficial for both China and the United States. However, she highlights the importance of protecting American interests, including national security, and preventing unfair practices such as forced labor, technology theft, and excessive subsidies. Raimondo discusses the implementation of the CHIPS Act to counter the threat from China and emphasizes the need to maintain American leadership in semiconductor manufacturing and artificial intelligence. She also acknowledges the evolving nature of AI and the need for legislation to enforce regulations and ensure innovation while prioritizing safety and control.