Yellen, China's subsidies are a risk to the global economy. 'Production capacity goes beyond internal and external demand' Yellen said this while meeting the American business community in Guangzhou.
All this represents "a risk to global economic resilience", said Yellen in a memo to the US Treasury Department, according to a Treasury Department memo. Reproduction of this article is permitted under the terms of the European Union’s Market Abuse Prevention and Consumer Protection Act. For more information, go to: http://www.marketabuse.org.