U.S. Treasury Secretary Yellen calls for developed countries to oppose China's industrial policies, sparking debate on social media.
U.S. Treasury Secretary Janet Yellen's call for market-driven countries to form a "wall of opposition" against China's industrial policies has sparked debate on social media. Critics argue that developed nations have benefited from China's industrial capacity and that the U.S.'s push for a united front is hypocritical. Martin Wolf's 2004 book "Why Globalization Works" suggests the world's failure is not too much globalization, but too little.
May 26, 2024
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