US officials intensify criticism of Chinese firms ahead of leaders' summit
U.S. Treasury and Transportation secretaries warned that Chinese companies threaten American strategic and industrial interests as a high-level meeting between the two nations approaches.
The Treasury secretary cautioned that a Chinese victory in the artificial-intelligence race could outweigh all other concerns for Washington. At the same time, the transportation secretary voiced strong worries about Ford’s relationships with Chinese partners, saying they could harm the U.S. auto sector. These remarks come weeks before a scheduled summit between the United States and China, where trade imbalances and Beijing’s diplomatic outreach will be key topics.
Why it matters
The statements signal rising U.S. pressure on China ahead of a crucial diplomatic summit, affecting trade and tech competition.
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