New: Yellen to warn China against flood of cheap green energy exports The Treasury secretary, who plans to make her second trip to China soon, will argue that the country’s excess industrial production warps supply chains. nytimes.com/2024/03/27/bus…
@arappeport As a country, we have difficulty in competing. Does she mean that as a country, you should remove your incentives for green energy technologies?
❖ Yellen to Warn China Against Flood of Cheap Green Energy Exports: NYT The Biden administration is growing increasingly concerned that a glut of heavily subsidized green technology exports from China is distorting global markets and plans to confront Chinese officials about the problem during an upcoming round of economic talks in Beijing.
@arappeport Why China should follow Yellen's requirements ?