US Treasury Secretary Janet Yellen to warn China about negative effects of clean energy subsidies during her visit.
US Treasury Secretary Janet Yellen plans to warn China about the negative effects of Beijing's subsidies for clean energy industries, including solar panels, during her visit to the country. Yellen argues that China's excess production capacity distorts global prices and production trends, hurting American firms and workers, as well as those around the world. This issue will be discussed during Yellen's upcoming trip to China.
March 27, 2024
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