US Commerce Secretary Raimondo's Optimistic Departure from China Despite 'Uninvestible' Concerns

US Commerce Secretary Gina Raimondo expressed optimism about US firms' desire to do business in China and hopes for further engagement with Chinese officials on market access, despite earlier remarks that China was "uninvestible." Raimondo acknowledged the challenges faced by US businesses in China, including fines, raids, and unclear regulations, and emphasized the need for a predictable regulatory environment. She highlighted the importance of dialogue and mutual trust between the two countries, stating that the US does not want to decouple from China. However, concerns remain over trade and investment flows, with global investors pulling out of Chinese assets and foreign direct investment at a 25-year low.