MenuThe Sino-American trade war may be old news, but now a new battlefield is front and center: green tech. During her controversial visit to China, Secretary Janet Yellen made waves by criticizing China’s excess industrial capacity. Secretary Yellen warned the Chinese that retaliatory tariffs would be levied if this wasn’t addressed while simultaneously making the case to the rest of the world that Chinese production threatened nascent industries worldwide. These quarrels have been a hallmark of Sino-American relations for decades. What is novel is that the focus of these complaints isn’t cheap consumer goods but the cutting-edge technologies of the 21st century.
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