“It is important to the president and me that American firms and workers can compete on a level playing field,” Ms. Yellen said. “We have raised overcapacity in previous discussions with China, and I plan to make it a key issue in discussions during my next trip there.”
She added: “I will press my Chinese counterparts to take necessary steps to address this issue.”
China, which invested more than $130 billion in its solar sector last year, has voiced its own frustration about America’s manufacturing investments. Buyers of electric vehicles that contain components made in China, Russia, North Korea or Iran are not eligible for generous U.S. tax credits.
"capitalist" country.
Infamous for its leaders in being some of the whiniest, laziest, most entitled people. Its country's young people cannot get jobs because employers are too much of picky divas to put anyone to work. Even the EU is going to blow this country out of the water sooner or later, and we deserve it.