Tag

Industrial Capacity

All articles tagged with #industrial capacity

international-trade1 year ago•3 min saved

Yellen Asserts US Stance Against Chinese Imports Threatening Industries

US Treasury Secretary Janet Yellen warned China against decimating new industries with excessive industrial capacity and state support for green energy goods, emphasizing that President Biden will not accept a repeat of the "China shock" of the early 2000s. Yellen highlighted the need for China to address overinvestment and excess capacity, while also urging a shift in its growth model away from supply-side investments. Despite not threatening new tariffs, Yellen emphasized the shared concerns of the US and its allies over China's industrial overcapacity, while Chinese officials pushed back, citing innovation and global climate goals.

via Reuters|

#china #industrial-capacity #international-trade

international-relations1 year ago•4 min saved

"Yellen: US and China Stabilize Relations with Tough Talks on Balanced Growth"

US Treasury Secretary Janet Yellen raised concerns about China's excess industrial capacity during a meeting with Chinese Premier Li Qiang, emphasizing the need for "tough" discussions while acknowledging the progress made in stabilizing bilateral relations. Yellen's visit focused on addressing China's over-production of electric vehicles and clean energy goods, with both sides showing willingness to explore the issue further. The meetings reflect efforts to manage tensions and normalize economic relations between the two countries, with a focus on advocating for balanced growth and a level playing field to protect US workers and businesses.

via Reuters|

#clean-energy #economic-dialogue #industrial-capacity

economics1 year ago•2 min saved

Yellen Warns of China's Economic Impact on Global Trade

U.S. Treasury Secretary Janet Yellen emphasized that China's excessive industrial capacity and growing exports are causing problems for other economies, urging market-based reforms and addressing overcapacity. She highlighted the need for China to reduce excess manufacturing capacity, particularly in emerging sectors like electric vehicles and solar energy products, and raised concerns about the deteriorating business climate and unfair treatment of international companies in China. Yellen's comments underscored the potential trade tensions and the impact of China's rapid growth on global markets.

via Reuters|

#china #economic-growth #economics

international-relations1 year ago•1 min saved

Yellen Raises Concerns Over China's Economic Practices

US Treasury Secretary Janet Yellen warns China that it cannot rely on exporting its way to rapid growth and should address its excess industrial capacity, which is pressuring other economies. Yellen emphasizes the need for market-based reforms and raises concerns about China's business climate during her visit to the country.

via Al Jazeera English|

#industrial-capacity #international-relations #janet-yellen

defense2 years ago•2 min saved

Ukraine's Self-Made Air Defense Systems: A Triumph Amidst Manufacturing Challenges

Ukraine is facing a shortage of missiles for its S-300 surface-to-air missile batteries and lacks the industrial capacity to produce them. The SD-300, a Ukrainian air-defense system that could replace the S-300, is a potential solution, but mass production is currently a challenge. The SD-300 combines a command vehicle, a four-round truck launcher, and a 300mm missile. While the range is not an issue, Ukraine needs around 18-20 additional batteries to fully replace the S-300s, which may exceed the capabilities of its missile firms. The question remains whether the SD-300 is worth pursuing when additional Western-made SAMs could meet Ukraine's air-defense needs.

via Forbes|

#defense #industrial-capacity #s-300