Yellen's Battle Cry: US New Industries Won't Fall Like SteelDuring her visit to China, U.S. Treasury Secretary Janet Yellen emphasized that new American industries will not follow the same path to decline as the steel industry due to Chinese subsidies. According to foreign media outlets such as Reuters and The Washington Post on the 8th (local time), Secretary Yellen, who wrapped up a series […]
Yellen's Mission in China: Containing Industrial OverproductionAs global concerns over China’s oversupply of low-cost products intensify, the U.S. and China have agreed to hold official talks to discuss this issue. This agreement reflects the strong will of the U.S., while China expressed serious concerns about U.S. export control policies. Janet Yellen, the U.S. Treasury Secretary visiting China, emphasized the need to […]
Yellen’s Slap at China Could Widen Economic Front: 'China Distorts EV and Solar Markets' Photo: Newsis, March 22, 2024. Janet Yellen, U.S. Secretary of the Treasury, strongly criticized China for distorting the global market with its overproduction in the electric car and solar industries before she visited China next month. This raises concerns that the economic front between the U.S. and China, limited to semiconductors, could expand to the […]
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