US Treasury Secretary Janet Yellen is set to confront Chinese officials about the impact of China's heavily subsidized green technology exports, which are distorting global markets. Yellen plans to warn China against flooding the world with cheap clean energy exports, arguing that China's excess industrial production is warping supply chains and distorting the global economy. China responds by suggesting the US weaken the USD against the CNY if it wants more expensive green energy goods. Yellen emphasizes the need to address China's overcapacity issues and massive subsidies on clean energy products, aiming to stabilize the US-China relationship while highlighting the undesirable impact of Chinese subsidy policies. Yellen's warnings focus on the negative effects of Beijing's subsidies for clean energy industries, including solar panels and electric vehicles, which are depressing prices in global markets and harming workers worldwide.
Yellen says China's rapid buildout of its green energy industry 'distorts global prices' https://t.co/DuB3C1eJVM
EpochTV: Treasury Secretary Yellen Warns About China’s Cheap Green Energy Exports https://t.co/MuEfGQU0xV #CCP
Yellen Plans To Confront China For ‘Unfair’ Clean Energy Subsidies https://t.co/iOWbfqxRLR
US Treasury Secretary Janet Yellen complains Chinese companies are producing too many batteries, solar panels and electric cars Details: https://t.co/b5PEzTz4TH https://t.co/JvCYu147bS
But isn't this a good thing for the environment? Yellen warns China's surplus of solar panels, EVs could be dumped on global markets https://t.co/th7VW4M7ft
Daily Briefing | Janet Yellen warns China against clean-energy dumping ➡️ https://t.co/U5n3tvPOO2 https://t.co/4GmCBMZBCr
Yellen is Yellin’ Okay, China’s economy is not collapsing. In fact, Chinese manufacturing and exports are booming. 😭 But at what cost? Yes! It’s all about “excess capacity” that is wreaking havoc around the world! Poor consumers all over the world are bamboozled into buying… https://t.co/Cd8A3ninu1
Treasury Sec. Janet Yellen warns that China is treating the global economy as a dumping ground for its cheaper clean energy products, depressing market prices and squeezing green manufacturing in the U.S. https://t.co/yetGjdvV8p
Janet Yellen warned in a speech this week that China’s surplus of clean energy products is depressing prices in global markets and squeezing U.S. green manufacturing…. So when countries don’t invest in renewable energy it’s a problem and when they over invest it’s also a…
#US Treasury Secretary Janet #Yellen said she intends to warn #China about subsidies for clean energy industries during visit to China. https://t.co/haGgRmRhhd
Yellen says China's rapid buildout of its green energy industry 'distorts global prices' https://t.co/qMk7fC4n0Z
Janet Yellen says China’s giant EV push "distorts global prices" and hurts workers around the world. https://t.co/4thEOEs4QF
U.S. Treasury Secretary Janet Yellen said Wednesday she intends to warn China about the negative effects of Beijing's subsidies for its clean energy industries, including solar panels and electric vehicles (EVs), during a visit to the country. https://t.co/HHqtqyoP0E
Yellen says China’s rapid buildout of its green energy industry ‘distorts global prices’ https://t.co/N14d2qM03j
Yellen warns China's surplus of solar panels, EVs could be dumped on global markets https://t.co/2bvDGXAK2Z
Yellen to warn China on clean energy subsidies, excess production capacity https://t.co/NosGubZpcZ https://t.co/1nhQU0u4Ts
US Treasury secretary Janet Yellen plans to warn China not to flood the world with cheap clean energy exports, saying they would distort global markets and harm workers. https://t.co/Qckra5MEpM
Janet Yellen set to warn China against clean energy dumping https://t.co/JixyTG4Zu2
Yellen to urge China to address overcapacity issues https://t.co/EckddwFTX0
❖ YELLEN SAYS WANT TO STABILIZE, NOT SHUT DOWN RELATIONSHIP WITH CHINA
🔴 US TREASURY SECRETARY YELLEN: I WANT TO STABILIZE, NOT SHUT DOWN OUR RELATIONSHIP WITH CHINA.
YELLEN SAYS INTENDS TO EXPLAIN 'UNDESIRABLE IMPACT' OF CHINESE SUBSIDY POLICIES WHEN SHE VISITS CHINA
❖ YELLEN SAYS U.S. NEEDS TO MAKE CLEAR ITS CONCERNS ABOUT CHINA'S 'MASSIVE SUBSIDIES' ON CLEAN ENERGY PRODUCTS
YELLEN SAYS U.S. NEEDS TO MAKE CLEAR ITS CONCERNS ABOUT CHINA'S 'MASSIVE SUBSIDIES' ON CLEAN ENERGY PRODUCTS
China's industrial push risks destabilizing the global economy and watering down green-energy exports, Janet Yellen warns https://t.co/IMKAgdlUTI
The "enforcer" Yellen to Warn China Against Flood of Cheap Green Energy Exports https://t.co/XdgfrW2ewk
China to reply to Yellen: "Then weaken the artificially strong USD v. CNY if you want more expensive green energy goods. We did not complain about US shale production that was subsidized by Fed ZIRP - why would a nation with a debt problem decry cheaper energy?" https://t.co/v6G2hqax5W
As commodity prices bounce, Yellen says China is distorting global prices and production patterns as it restarts its industry... $USO $UCO $SCCO $FCX So what does she plan to do about it, tell them to slow down their economy? Ridiculous...
US Treasury Secretary Janet Yellen will press China about its industrial capacity ramp-up which she says is distorting the global economy https://t.co/i0sT1STRNi
❖ 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…
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. https://t.co/KuEPVdtLXk