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Latin Times
Latin Times
National
Agence France-Presse (AFP)

Yellen Warns China Industrial Subsidies Pose Risk To World Economy

Janet Yellen China United States Economy Joe Biden Beijing Guangzhou
US Treasury Secretary Janet Yellen argued the Biden administration is 'building the foundations' of America's future. (Credit: AFP)

US Treasury chief Janet Yellen warned during a visit to China on Friday that Beijing's subsidies for industry could pose a risk to global economic resilience.

Yellen arrived in the southern city of Guangzhou on Thursday for several days of talks with Chinese officials on her second visit to the world's second-largest economy in less than a year.

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