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Yellen: China uses market position to an unfair advantage | Business News | WION

WION by WION
August 25, 2022
in Business
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Yellen: China uses market position to an unfair advantage | Business News | WION
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US Treasury Secretary Janet Yellen aims for deeper trade ties among allies to fortify their supply chains, combat inflation and thwart China’s “unfair trade practices” and efforts to dominate key raw materials and technologies markets.

#UnitedStates #Yellen #WorldNews

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Comments 36

  1. Gooble Hicle says:
    3 years ago

    United States can never tolerates losing in competition – they have got all the guns !!!

  2. Edouard Rowlands says:
    3 years ago

    Hasn't America been doing this for year? Stop the whinging and get competitive

  3. kensington zombie says:
    3 years ago

    remember what United States did to Toshiba – Alstom – Huawei
    who has been the true bully in the market

  4. MYNDFK says:
    3 years ago

    Ooopsie:. Yellen is Secretary of the Treasury. Not Secretary of State.

  5. kensington zombie says:
    3 years ago

    yellen – " United States wants to be dominant again – any helper here !!! "

  6. Phoebus Apollo says:
    3 years ago

    Too late, everything is made in China.

  7. kensington zombie says:
    3 years ago

    just look at America – the yankees are crying for help !!!

  8. kensington zombie says:
    3 years ago

    America is telling those satellite nations – if United States goes down , you go down !!!

  9. kensington zombie says:
    3 years ago

    America is telling everybody – United States will bankrupts the world before going broke !!!

  10. Pub Comrad says:
    3 years ago

    China🇨🇳 needs to play by the rules and to respect human rights.
    – If China does this, it won't have to lie every time when it defends its ugly behavior.

  11. kensington zombie says:
    3 years ago

    yellen – " America's problem is your problem – what you have belongs to America "

  12. The Extraterrestrial says:
    3 years ago

    Wait, China has market position?? I thought according to some US experts, China had been collapsing for years now…

  13. Beijing Genocide Olympic - 2022 says:
    3 years ago

    My condolences to all Chinese🇨🇳 who lost their freedom of speech and independent brain, and now become
    victims of lies of the century:
    – It's inevitable that China will "rule the world" and USA is a "declining power,"
    – Taiwan🇹🇼 is a "province" of China,
    – South China Sea belongs to China "since ancient times",
    – Wuhan virus was originated in "Fort Detrick, USA,"
    – Uyghurs are detained in concentration camps "to avoid terrorism."

  14. kensington zombie says:
    3 years ago

    India – the only nation that suck-up to white man for over 200 years !!! amazing hindus

  15. Mister Tux (🔧) says:
    3 years ago

    that's right because the US & the EU never use unfair trade practices with 3rd world countries . . . . .

    they just rob them of their natural resources that's all . . . . . . . . .

    western hypocrisy at the highest.

  16. Juan says:
    3 years ago

    Like the US hasnt been doing the same thing under her watch during a certain murderous presidential administration. (SMH)

    Get off your high horse chick. Nobody likes you.

    But still: F&%K China!!!! Yellen, F&^K you too!!!!

  17. D Rhodes says:
    3 years ago

    She should call out printing worthless money and making this crisis

  18. Troy Richards says:
    3 years ago

    She finally seen the light or her party ( Democrats) demise in November

  19. Oh well says:
    3 years ago

    Got news for the Western countries, the politicians of your countries allowed this to happen for decades of bribes, pay offs, corruption, personal gain by the billions of dollars. So, who is to blame, the communist countries know western politicians can be bought, so they bought them. The US being the most corrupt government on earth.

  20. missy Cat says:
    3 years ago

    The unfair advantage that communist China has was giving to them by the same people that gave Janet Yellen her job . Corporations lobbied congress with DONATIONS for free trade with communist China . That is still going on to this day. Get this, corporations have 4 trillion in cash. You know what that is? Our lost economy.
    stay well
    everybody

  21. Beverley Smith says:
    3 years ago

    Has Yellen ever mentioned US previous dominate position?

    Is the US now going to try and change the rules of the global game they put in place to the US advantage over the years?

  22. Abe _son_of_bitch says:
    3 years ago

    United States finally shows their horns –
    this is why America launches the biological weapon across the planet

  23. Abe _son_of_bitch says:
    3 years ago

    India , has yet again stands at the wrong side of the planet !!!

  24. Abe _son_of_bitch says:
    3 years ago

    China should stops export to India – Russia to stop Oil for India !!!

  25. Abe _son_of_bitch says:
    3 years ago

    the inevitable is happening – Asia will retake the world's pinnacle

  26. Abe _son_of_bitch says:
    3 years ago

    China to assist Africa and RCEP nations with infrastructure and energy
    plus aviation , 6G network , cashless system and EV manufactures !!!

  27. Abe _son_of_bitch says:
    3 years ago

    the world has a lot to look forward with China's future goal
    and there will never be a single bullet or airstrikes

  28. Abe _son_of_bitch says:
    3 years ago

    the time for United States to bankrupt and overturns government has to end
    the on going coldblooded airstrikes and war against Muslims has to end
    the on going slavery , racism ,hate crimes and terrorism has to end !!!

  29. open defecation says:
    3 years ago

    July 21: Why did India suddenly promulgate the "rupee settlement" mechanism? Is it to fight the hegemony of the US dollar or is there another reason?
    The reason is India buy very cheap oil & food from Russia and trying to sell to other country at market price. The plan failed and have to resort to use US dollar, Euro or Yuan

  30. Ramzan Abdullah says:
    3 years ago

    I think she stupid & no idea what she is talking. She should talk business& economy NOT security.

  31. Arfa Job says:
    3 years ago

    Well! Who woulda thunk it.

  32. Johnny Garza says:
    3 years ago

    Rules based order = IS Hegemony. No thanks assholes

  33. 不许人间见白头 says:
    3 years ago

    Over the years, Global trade has been conducted under the leadership of the United States. If China can still take advantage of its market position to gain great advantages in this case, and the United States is still unable to compete with China under the control of the initiative, it can only prove that China's system is superior

  34. Gitwindoix Phog says:
    3 years ago

    WOW, the hypocrisy of this woman is shocking, does she not know the history of her own country?

  35. Sampat Kalyan says:
    3 years ago

    What she is essentially telling that the worldshould keep the rules which gives advantage to USA and its allies and drop the rules which keys advantages to China lol.
    And whether we will do that she is a Buffon.

  36. Jesse Smith says:
    3 years ago

    Ohhh, problems with China AND Russia!!!
    They just used the "western" playbook !!! China and Russia crushes the "liberal world order"!!
    🤯🤪😜😃🤣🥳

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