China worried, America may increase tariffs on green technology
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US Finance Minister Janet Yellen, on the second day of her official visit to China, has appealed to China to change its domestic manufacturing policies. China’s official news agency Xinhua said on Friday, however, that Yellen’s visit was a good sign that the world’s two largest economies are talking.
Kwangchow. US Finance Minister Janet Yellen, on the second day of her official visit to China, has appealed to China to change its domestic manufacturing policies. Analyzing his message, Chinese state media said the US could impose higher tariffs on green energy products. Yellen began her five-day visit from Guangzhou, China’s major industrial city.
He has so far emphasized in talks with senior Chinese officials what the US thinks about China’s unfair trade practices. China’s official news agency Xinhua said on Friday, however, that Yellen’s visit was a good sign that the world’s two largest economies are talking. The news agency also said that by talking about China’s immense potential in the clean energy sector, the US has hinted at taking protectionist steps so that American companies can be saved.
Disclaimer: IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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