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Tag Archives: US pushes for G7 response to China’s industrial overcapacity

US pushes for G7 response to China’s industrial overcapacity


May 22, 2024

FRANKFURT: US Treasury Secretary Janet Yellen said on Tuesday that the United States and Europe needed to respond to China’s industrial overcapacity in a “strategic and united way” to keep manufacturers viable on both sides of the Atlantic. Yellen told reporters during a visit to Frankfurt that G7 finance ministers shared US concerns about Chinese efforts to dominate clean energy …

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