China is eager to expand its semiconductor industry and will likely continue to look for acquisitions in the United States despite rising tensions between Beijing and Washington over technology and security matters, according to an industry observer.
The upcoming official US trade mission to China could bring opportunity for more bilateral cooperation in both business and energy, said US Energy Secretary Ernest Moniz.
While gateway US cities and states already have big campaigns to attract Chinese tourists, the US' official tourism bureau wants Chinese travelers to visit more than just major cities.
Warwick Ice Cream, an 85-year-old company in Rhode Island, hopes China will be its latest market.
Washington is willing to cooperate with the new China-led investment bank, but observers say that commitment rules out the possibility of joining it.
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