Even if there is some tensions - they’re still expanding trade
Ching 6-28 (Nike, is VOA’s State Department Bureau Chief. 06-28-2023 “Blinken: US Seeks to Coexist Peacefully With China” https://www.voanews.com/a/blinken-us-seeks-to-coexist-peacefully-with-china-/7159127.html)//BH-NB//
Blinken’s remarks came ahead of U.S. Treasury Secretary Janet Yellen’s expected trip to Beijing in the coming weeks. He highlighted the fact that bilateral trade between the two countries continues to expand despite tensions over issues such as advanced semiconductors and Beijing’s persecution of Uyghurs.
“Our trade with China last year reached the highest level ever. We had more foreign direct investment going to China last year than any year since 2014,” said Blinken, adding U.S. export controls and sanctions on Chinese entities affect only a very small fraction of companies operating in China.