Yellen Blasts China's Overcapacity

Posted 3/30/24

Treasury Secretary Janet Yellen came down hard on China last week, warning that Beijing is dumping clean energy products on the global market, bringing down prices and threatening the Administration’s effort to promote green manufacturing.

“I am concerned about global spillovers from the excess capacity that we are seeing in China,” Ms. Yellen said in a speech while visiting US solar company Suniva in Georgia.

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