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Treasury secretary heads to China to talk trade, anti-money laundering and Chinese overproduction | The Asahi Shimbun: Breaking News, Japan News and Analysis

Treasury secretary heads to China to talk trade, anti-money laundering and Chinese overproduction | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asahi.com Daily Mail and Mail on Sunday newspapers.

Yellen says US has option to shield industries against China

‘We need to have a level playing field,’ the Treasury Secretary told reporters en route to China, where she will press counterparts on the build-up of industrial overcapacity.

US Treasury secretary heads to China to talk trade, anti-money laundering and Chinese overproduction

US Treasury secretary heads to China to talk trade, anti-money laundering and Chinese overproduction
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Treasury secretary heads to China to talk trade, anti-money laundering and Chinese overproduction | News, Sports, Jobs

US treasury secretary is in China to talk trade, anti-money laundering and Chinese overproduction – The Virginian-Pilot

Treasury Secretary Janet Yellen has arrived in a China for five days of meetings in a country that's determined to avoid open conflict with the United States. Yet the world’s two largest economies still appear to be hashing out the rules on how to compete against each other. There are tensions over Chinese government support for the manufacturing of electric vehicles and solar panels, just as the U.S. government ramps up its own aid for those tech sectors. There are also differences on trade, ownership of TikTok, access to computer chips and national security. Yellen says the U.S. needs “a level playing field.”

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