China's rapid build out of its green energy industry is affecting global prices

U.S. Treasury Secretary Janet Yellen says China's overproduction of clean energy goods needs mitigation. Yellen: China's massive investments in advanced manufacturing of clean power goods has resulted in an unfair playing field that puts workers and businesses at risk. Overproduction of electric vehicles, batteries, solar panels and other goods could put firms in the United States and other countries out of business.

Yellen says China's rapid buildout of its green energy industry 'distorts global prices' U.S. Secretary of the Treasury Janet Yellen called China's production in electric vehicles, lithium ion batteries and solar energy 'unfair competition' Yellen: China's fast-growing green energy production 'distributes global prices globally'

Yellen says energy, health care costs still 'too high' and are 'top economic priority' Treasury Secretary says bringing those expenses down is President Biden's top economic priority. Yellen: Inflation has persisted in energy and health costs and that bringing those costs down is a priority.