00:00 The planet's two superpowers are locked in opposition to each other on geopolitical issues.
00:05 But it doesn't mean trade between China and the United States has to suffer, though.
00:09 Hence, in a bid to cool off trade tensions, U.S. Commerce Secretary Gina Raimondo over
00:14 the weekend flew to and arrived in China to meet with her counterpart to stabilize an
00:19 otherwise faltering economic relationship she describes as the most significant in the world.
00:25 Earlier today, she met with Chinese Commerce Minister Wang Wentao, telling him it was profoundly
00:30 important for the world's two largest economies to have a stable relationship.
00:35 Raimondo's visit is the latest in a series of high-level trips of select officials in
00:39 Biden's cabinet that could culminate in a summit between China's Xi Jinping and U.S.
00:44 President Joe Biden, who has been hinting of meeting with Xi sometime this year.
00:50 Relations between both countries have sunk to their lowest levels in decades, with U.S.
00:54 restrictions among the top in the list of disagreements.
