U.S. Treasury Secretary Janet Yellen has just concluded a pivotal 5-day visit to China, engaging with top Chinese academic, political, and financial leaders in Guangzhou and Beijing. 🚀🌏 One of the main topics on the agenda? The pressing issue of overcapacity in China's green technology sector. 🇨🇳🔋 The U.S. is raising concerns that Chinese exports in this booming field might pose challenges to its own interests. But what exactly does overcapacity mean, and is this a genuine issue in China? 🤔📈 Is the U.S. overreacting to China's strides in green tech development? To shed light on these questions, we brought in experts Zhao Hai, director of International Political Studies at the National Institute for Global Strategy; He Weiwen, senior fellow at the Center for China and Globalization; and Paul Gillis, professor of accounting at Beijing International Studies University. Their insights delve into whether Yellen's warnings are justified or if they're part of a broader economic strategy. Stay tuned as we unravel the complexities of this crucial dialogue shaping the future of global green technology.
