Secretary Yellen Heads to China Seeking ‘Level Playing Field’ on Trade Amid Beijing’s Green Export Push
‘We’re concerned about a massive investment in China in a set of industries that’s resulting in overcapacity,’ she says.

JOINT BASE ELMENDORF-RICHARDSON, Alaska — Secretary Yellen is headed to a China determined to avoid open conflict with America, yet the world’s two largest economies still appear to be hashing out the rules on how to compete against each other.
There are tensions over Chinese government support for the manufacturing of electric vehicles and solar panels, just as American government ramps up its own aid for those tech sectors. There are differences in trade, ownership of TikTok, access to computer chips and national security — all of them a risk to what has become a carefully managed relationship.
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