China's industrial push risks destabilizing the global economy and watering down green-energy exports, Janet Yellen warns

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China's industrial push risks destabilizing the global economy and watering down green-energy exports, Janet Yellen warns

Treasury Secretary Janet Yellen speaks to reporters during her trip to China.Pedro Pardo/AFP/Getty Images US Treasury Secretary Janet Yellen warns that China's big industrial-production push could destabilize the global economy. China's growing clean energy industry has oversupplied markets with cheap solar panels and EVs, she said in prepared comments that will be delivered on Wednesday. "It is important to the president and me that American f…