US Treasury Secretary Yellen Promises Action Against China's Energy Subsidies

Thursday, 28 March 2024, 01:02

In a recent statement, US Treasury Secretary Yellen warns of the adverse impact of China's energy subsidies on global economies, highlighting oversupply concerns. Yellen's commitment to confronting China over these subsidies indicates a potential shift in US-China economic relations.

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US Treasury Secretary Yellen Warns of Chinese Energy Subsidies

In a recent address, US Treasury Secretary Yellen raised concerns over China's energy subsidies and their effects on the global economy. Yellen emphasized how these subsidies have led to oversupply issues, creating challenges for the US and other economies.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.