On Thursday’s broadcast of CNBC’s “Squawk on the Street,” Commerce Secretary Gina Raimondo stated that China should have “a good economy” and responded to concerns that a strong Chinese economy would give the country more resources to devote to their military by stating that “it’s deeply in our interest to communicate with them and have direct dialogue, because it reduces the risk of miscalculation, misassessment, and kind of a downward, inexporable spiral to greater tension and conflict.”
Raimondo said, “[T]he Chinese people deserve a good economy and prosperity. We have no interest to hold China down, to hold China back, to hold the people down. We have an interest to protect our national security, first and foremost. China’s military fusion strategies, very troubling. We have an interest to have a level playing field so that our companies and workers can…
