Treasury Secretary Janet Yellen, left, shakes hands with Jens Eskelund, president of the European Union Chamber of Commerce in China, as she arrives at the Business Leaders Roundtable meeting at Baiyun International Conference Center in southern China's Guangdong province, Friday, April 5, 2024. Yellen has arrived in China for five days of meetings in a country that's determined to avoid open conflict with the United States.
Yellen, the first Cabinet-level official to visit China since President Joe Biden met Chinese leader Xi Jinping last November, shook hands with the heads of the American and European chambers of commerce in China after arriving for the meeting in the southern industrial hub of Guangzhou.She has telegraphed that she will press concerns during her five-day China trip about what the U.S.
"Concerns about China attempting to export its overcapacity and simultaneously making a big push into these sectors will be top of mind for the U.S. delegation,” he said.Foreign Ministry spokesperson Wang Wenbin said earlier this week that the growth in Chinese EV and solar exports is conducive to green development globally and the result of the international division of labor and market demand.“As for who is doing non-market manipulation, the fact is for everyone to see,” he said. “The U.
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