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The Journal.
Janet Yellen Has a Warning for China
Apr 5, 2024
Treasury Secretary Janet Yellen is in China to dissuade flooding the world with cheap goods. The podcast explores her evolving views on China amidst changing global market forces and the impact on the US economy.
18:46
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Quick takeaways
- Janet Yellen warns China against flooding markets with cheap goods to prevent negative economic impacts globally.
- Yellen emphasizes the need for US to adapt trade strategies in response to China's evolving economic initiatives.
Deep dives
Yellen's Warning on Chinese Economy
Janet Yellen visits China with a warning about China's excessive production. She expresses concerns that this overproduction may have negative repercussions on the US and global economies. Yellen's message urges China to reduce its production levels to avoid potential economic risks. Failure to address this issue could lead to heightened protectionism in global markets.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode