Penny Pritzker, leading a trade mission to China with more than 20 US companies, told reporters she believed the Chinese leadership saw opportunity in the “new normal” of slower gross domestic product expansion to invest in sustainable, long-term growth. Pritzker met Chinese officials in Beijing before traveling to Shanghai.

“The fact that China is not growing as fast as it would like, that’s not good for anybody. But that has not changed our engagement with the Chinese, because we are in this for the long haul and our businesses are in this for the long haul,” she told reporters.

“As China is adapting they have the opportunity to change the way they are doing business and we are hearing that from Chinese leadership.”

-- Penny Pritzker, US Commerce Secretary, told Reuters on April 15