Commerce Sec'y Raimondo: China Should Have 'Good' Economy, We'll Talk So Military Bolstered by Economy Isn't Used

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."