During the meeting, Yellen told Chinese officials that their industrial overcapacity, especially in green energy sectors, threatens American production of electric vehicles and solar panel parts.
Yellen, the first Cabinet-level official to visit China since President Joe Biden met Chinese leader Xi Jinping last November, shook hands with the heads of the American and European chambers of commerce in China after arriving for the meeting in the southern industrial hub of Guangzhou.<
The looming restrictions were discussed during US Treasury Secretary Janet L Yellen's meetings with senior Chinese officials during her recent visit to China.