Washington will not allow a glut of Chinese production to wipe out American manufacturers of green technology, US Treasury secretary Janet Yellen has warned ahead of a trip to China.
Yellen is visiting Guangzhou and Beijing and is expected to place accusations that China is flooding global markets with cheap green tech at the core of talks with officials including the finance minister, vice-premier and central bank governor.
She said on the way to the meetings that she would “not rule out” raising trade barriers to protect manufacturers of green tech, including batteries and solar panels, from Chinese competition.
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