Treasury Secretary Yellen: important that US China maintain level economic playing field

  • US treasury secretary Janet Yellen speaking

US Treasury Secretary Janet Yellen speaking on China US relations and says:

Yellen credit
  • Important that US China maintain level economic playing field
  • Concerned about China's overcapacity fueled by massive subsidies
  • Biden administration will continue to have ongoing and deepening dialogues with China
  • one comment directly on possibility of new tariffs on China, but will not rule out ways to protect US clean energy supply chain

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