U.S.-China fight over manufacturing subsidies just getting started
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U.S. Treasury Secretary Janet Yellen's trip to China did not achieve any significant breakthroughs on China's surplus industrial production. The visit highlighted the looming collision between the two governments over this issue. Yellen called on China to offer a level playing field for U.S. companies and to focus on bolstering domestic demand. The fight over manufacturing subsidies between the U.S. and China is just getting started.
#Uschina #ManufacturingSubsidies #JanetYellen #China'sSurplusIndustrialProduction
https://asia.nikkei.com/Opinion/U.S.-China-fight-over-manufacturing-subsidies-just-getting-started