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"We
have to run faster and out innovate and keep pushing," Raimondo
told reporters Tuesday previewing her planned speech at MIT
titled "U.S. Competitiveness and the China Challenge."
The United States and China have sharply clashed in recent
years.
"We must bolster our system of export controls, enhance our
investment screening regimes, strengthen our supply chain
resiliency, and develop innovative solutions to counter China’s
economic coercion and human rights abuses," Raimondo will say,
according to excerpts released by her office.
In October, the Commerce Department published a sweeping set of
export controls, including measures tightly restricting Chinese
access to U.S. chipmaking technology, vastly expanding its reach
in its bid to slow Beijing's technological and military
advances.
"For too long, America’s export control strategy was reactive —
focused on preventing China from expanding its technological
capabilities after it accessed American intellectual property,"
Raimondo will say.
China firmly opposes U.S. export controls on semiconductor
chips, arguing they hurt Chinese companies and commercial
interests of U.S. exporters.
Raimondo said the United States is working with allies on
semiconductor tooling restrictions and hopes they "will take
steps similar to ours."
Concerns about China helped convince Congress to approve hefty
funding for semiconductor research and manufacturing and
advanced science. Raimondo said that will help "ensure our
future competitiveness and national security."
She added the United States is "exploring new avenues to defend
ourselves and others from China’s economic coercion" and cited
United States support for Lithuania to withstand Chinese
pressure after Taiwan opened a de facto embassy there.
Raimondo said the United States is "not seeking a decoupling
from China" but added on "cutting edge technology, that China
wants to get its hands on to put into military capacity... We're
not going to allow that."
Raimondo in September 2021 said China was preventing its
domestic airlines from buying "tens of billions of dollars" of
U.S.-manufactured Boeing airplanes. In September, Boeing said it
would begin to remarket some 737 MAX jets earmarked for Chinese
customers citing ongoing geopolitical tensions.
Raimondo said Tuesday "we need to continue to do business with
China and trade with China supports American jobs."
(Reporting by David Shepardson; Editing by Michael Perry)
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