Commerce Sec'y: Made Progress with China Meeting, But It's Harder to Do Business, Not Surprised Hacking Didn't Let Up

During an interview aired on Tuesday's broadcast of CNBC's "Mad Money," Commerce Secretary Gina Raimondo stated that there was "a little bit of progress" from President Joe Biden's meeting with Xi Jinping, but she keeps hearing from CEOs "that it's getting harder to do business in China," and that she wasn't surprised to hear that cybersecurity companies reported Chinese hacking hasn't decreased at all after the meeting.