Yellen warns China industrial subsidies pose risk to world economy
Guangzhou (AFP) April 5, 2024
US Treasury chief Janet Yellen warned during a visit to China on Friday that Beijing's subsidies for industry could pose a risk to global economic resilience. Yellen arrived in the southern city of Guangzhou on Thursday for several days of talks with Chinese officials on her second visit to the world's second-largest economy in less than a year. She expressed concerns about China's "over