The Irish Times view on the US and China: an uneasy trade relationship


Source: irishtimes.com irishtimes.com

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US Treasury Secretary Janet Yellen shakes hands with Chinese Premier Li Qiang at the Great Hall of the People in Beijing this week. (Photo by Tatan Syuflana /AFP) United States treasury secretary Janet Yellen ended a week-long visit to China this week with a welcome agreement to step up the economic dialogue between Washington and Beijing. But she left her hosts in no doubt about the Biden administration’s growing concern about overcapacity in Chinese manufacturing, particularly in new industries surrounding green energy technology. The European Union shares these concerns and Competition commissioner Margarethe Vestager this week announced an investigation into...