U.S. Treasury Secretary Janet Yellen said Tuesday China's massive investments in advanced manufacturing of clean energy goods have resulted in an unfair playing field that puts American workers and businesses at risk, and it needs to be mitigated. Yellen told reporters on the sidelines of the International Monetary Fund and World Bank spring meetings that overproduction of electric vehicles, batteries, solar panels and other goods could put companies in the U.S.
Yellen, who visited China earlier this month, said the ongoing dialog with Chinese officials had already led to progress in areas of common interest, including combating money laundering and addressing climate change,
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