0
0.0
Apr 8, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
well, the way that janet yellen would _ this. well, the way that janet yellen would probably - this. well, the way that janet| yellen would probably explain this. well, the way that janet i yellen would probably explain it this. well, the way that janet - yellen would probably explain it is that they are trying to make this production and this technology over to the united states and the overarching goal here is to build up the us semiconductor industry and to try to reclaim some us dominance here so yes, it is idiosyncratic, it is a foreign company but what they would say is that this money, this up would say is that this money, this up to 65 billion total investment in the united states goes towards training american workers, bringing new facilities to arizona and will serve to attract suppliers to the state. . ~ ., ., ,., state. talk to me about the importance _ state. talk to me about the importance of _ state. talk to me about the importance of chip-making| state. talk to me about the - importance of chip-making overall impo
well, the way that janet yellen would _ this. well, the way that janet yellen would probably - this. well, the way that janet| yellen would probably explain this. well, the way that janet i yellen would probably explain it this. well, the way that janet - yellen would probably explain it is that they are trying to make this production and this technology over to the united states and the overarching goal here is to build up the us semiconductor industry and to try to reclaim some us dominance...
0
0.0
Apr 8, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
janet yellen was actually _ remain entrenched. janet yellen was actually in _ remain entrenched. janet yellen was actually in china _ remain entrenched. janet yellen was actually in china a _ remain entrenched. janet yellen was actually in china a year- was actually in china a year ago or last year, have things changed since then though? i think both countries have an interest at this point in trying to improve the mood music, if you will tox at least signal to the rest of the world that they're stabilising the relationship, that the relationship, that the relationship is being managed well. and i think you see that coming through clearly in the messaging. i have seen secretary yellen on a couple of different occasions saying, well, look, work remains to be done but we have really put the relationship on a more — on a more stable footing. i think she's acknowledging that she's not expecting any real breakthroughs in this — in this round of meetings. but she does want to emphasise to the outside world that the relationship is being stabilised. i think that's important for both
janet yellen was actually _ remain entrenched. janet yellen was actually in _ remain entrenched. janet yellen was actually in china _ remain entrenched. janet yellen was actually in china a _ remain entrenched. janet yellen was actually in china a year- was actually in china a year ago or last year, have things changed since then though? i think both countries have an interest at this point in trying to improve the mood music, if you will tox at least signal to the rest of the world that...
0
0.0
Apr 8, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
janet yellen was in china a year _ entrenched. janet yellen was in china a year ago, _ entrenched. janet yellen was in china a year ago, have - entrenched. janet yellen was in china a year ago, have things . china a year ago, have things changed?— china a year ago, have things chanced? 1, _, , ., china a year ago, have things chanced? 1, , ., ., changed? both countries have an interest at this _ changed? both countries have an interest at this point _ changed? both countries have an interest at this point in _ interest at this point in trying to improve the mood music, if you will, to at least signal to the rest of the world that they are stabilising the relationship and the relationship and the relationship is being managed well. and i think you see that coming through clearly in the messaging. i thought secretary yellen on a couple of occasions saying work remains to be done but we have really put the relationship on a more stable footing. i think she is acknowledging that she does not expect any real breakthroughs in this round of meetings but she does want to emphasise to the
janet yellen was in china a year _ entrenched. janet yellen was in china a year ago, _ entrenched. janet yellen was in china a year ago, have - entrenched. janet yellen was in china a year ago, have things . china a year ago, have things changed?— china a year ago, have things chanced? 1, _, , ., china a year ago, have things chanced? 1, , ., ., changed? both countries have an interest at this _ changed? both countries have an interest at this point _ changed? both countries have an interest...
0
0.0
Apr 8, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
but the premier, mr li, seemed optimistic about dr yellen�*s visit. translation: i've read online reports about your visit - and from the moment you touched down in guangzhou, chinese citizens have been enthusiastic and continuously commenting. in fact, this reflects the expectations for the outcome of your visit. china remains angry at us sanctions on its access to advanced semiconductors. it says they are designed to suppress its technological development. it's also concerned at us moves to force bytedance to divest the popular tiktok app. for its part, the us is concerned about tensions over taiwan and in the south china sea. china claims taiwan as an inherent part of its own territory, and ownership of some disputed islands in the south china sea. we're witnessing something of a rapprochement, but everything could change later this year if president trump is returned to the white house. mark williams, chief asia economist, capital economics. iamjust i am just looking at some of the quotes from that press conference. janet yellen says they will not
but the premier, mr li, seemed optimistic about dr yellen�*s visit. translation: i've read online reports about your visit - and from the moment you touched down in guangzhou, chinese citizens have been enthusiastic and continuously commenting. in fact, this reflects the expectations for the outcome of your visit. china remains angry at us sanctions on its access to advanced semiconductors. it says they are designed to suppress its technological development. it's also concerned at us moves to...
0
0.0
Apr 7, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
despite the more optimistic tone, ms yellen also issued a warning during earlier talks, saying there would be consequences for chinese businesses if they support russia's war in ukraine. trade between beijing and moscow more than doubled last year compared to 2020. ms yellen's main aim on herfour day visit is to persuade beijing to rein in excessive production, on goods such as electric cars. china says talk of over—capacity is a pretext for american protectionism. for more on the trip, i spoke to michael sobolik, senior fellow in indo—pacific studies at the american foreign policy council and author of the book countering china's great game. what do you make, first of all, of this warning from janet yellen to china over its businesses supporting russia's war effort? beijing is going to laugh it off, like they've laughed off so many other warnings from the biden administration in the past. the reality is that the united states is in a cold war with china, and america is losing. and one of the biggest reasons the united states is losing is because so many american politicians seem
despite the more optimistic tone, ms yellen also issued a warning during earlier talks, saying there would be consequences for chinese businesses if they support russia's war in ukraine. trade between beijing and moscow more than doubled last year compared to 2020. ms yellen's main aim on herfour day visit is to persuade beijing to rein in excessive production, on goods such as electric cars. china says talk of over—capacity is a pretext for american protectionism. for more on the trip, i...
0
0.0
Apr 3, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
janet yellen are startinr washington. janet yellen are starting a — washington. janet yellen are starting a six-day _ washington. janet yellen are starting a six-day trip - washington. janet yellen are starting a six-day trip and i washington. janet yellen are starting a six-day trip and is| starting a six—day trip and is expected to press china on overcapacity and green technologies and what the us calls unfair trade practices. how tough do you think the talks will be? i how tough do you think the talks will be?— talks will be? i think there will be a — talks will be? i think there will be a number- talks will be? i think there will be a number of i talks will be? i think there will be a number of areas | talks will be? i think there i will be a number of areas where it will be pretty tricky for both sides. janet yellen has a ready made clear she wants to talk about the overproduction, particularly in ev and solar panels. china will disagree and they will want to strongly disagree because this is a country whose economy is in a bit of economy. yes, they sa
janet yellen are startinr washington. janet yellen are starting a — washington. janet yellen are starting a six-day _ washington. janet yellen are starting a six-day trip - washington. janet yellen are starting a six-day trip and i washington. janet yellen are starting a six-day trip and is| starting a six—day trip and is expected to press china on overcapacity and green technologies and what the us calls unfair trade practices. how tough do you think the talks will be? i how tough do you...
0
0.0
Apr 7, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
so to secretary yellen's credit, she's trying to get ahead of the curve, but she's going about it all wrong. you don't reason with the chinese communist party and play diplomacy with them, you outcompete them and out—leverage them. here in washington and, i should say, all across the us and among young people, there is a lot of focus on tiktok, the social media app. there is a bill right now that would force its parent company, bytedance, to sell the company or tiktok would be banned nationwide. what do you think the chances are of that bill passing here in the us? so i'm talking with congressional staff and members of congress daily on the subject of this bill, and the sense that i have from capitol hill is that the momentum has slowed since the bill left the house and went to the senate, but there is still quiet progress being made. majority leader chuck schumer mentioned the tiktok bill in a letter he sent to all the senators about the upcoming agenda for the senate in the next session, so i think there's a lot of road ahead. we don't know for sure yet, but i'll put it this way:
so to secretary yellen's credit, she's trying to get ahead of the curve, but she's going about it all wrong. you don't reason with the chinese communist party and play diplomacy with them, you outcompete them and out—leverage them. here in washington and, i should say, all across the us and among young people, there is a lot of focus on tiktok, the social media app. there is a bill right now that would force its parent company, bytedance, to sell the company or tiktok would be banned...
0
0.0
Apr 5, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
he says yellen�*s visit is more about form than it is content. the message for her will be to encourage the us government to continue to communicate with the chinese officials. you know for a couple of years there was bad communication, so good communication with chinese officials, and to make sure that the us government understands that having us business in china, active in china, competing in china, is good for the companies and is good for the companies and is good for the united states. the treasury secretary is also wanting to push back on china about overproduction whilst also advocating for favourable conditions for us businesses in china. do you think she's going to be able to achieve that? ho. to be able to achieve that? no, in a word- _ to be able to achieve that? no, in a word. not _ to be able to achieve that? no, in a word. not today, _ to be able to achieve that? iifr, in a word. not today, but i think we need to keep that message coming. you know, if you drop a talking point the chinese will feel, 0k, well, it is sold. so market a
he says yellen�*s visit is more about form than it is content. the message for her will be to encourage the us government to continue to communicate with the chinese officials. you know for a couple of years there was bad communication, so good communication with chinese officials, and to make sure that the us government understands that having us business in china, active in china, competing in china, is good for the companies and is good for the companies and is good for the united states....
0
0.0
Apr 4, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
yellen wants to talk about the green energy front. why is this a concern? i think we will see this concern in the coming years because china's got extraordinary electric vehicle production capacity and lithium battery production capacity and us and i think europe is in the same position, does not want to see their economies dominated or at risk of a significant spike in imports from china. so there is a concern about is china going to ramp up its production and is it going to go global in a very aggressive way, the way it might have done 30 years ago with the steel industry, steve? are you optimistic that this trip will set the relationship heading in a better direction? i do think there's a little bit of good news here. i don't think it's a positive relationship but it's a baby step ahead. relationship but it's a baby step ahead-— relationship but it's a baby ste ahead. . ., , ., ., step ahead. that was a former us trade negotiator _ step ahead. that was a former us trade negotiator for - step ahead. that was a former us trade negotiator for china i us t
yellen wants to talk about the green energy front. why is this a concern? i think we will see this concern in the coming years because china's got extraordinary electric vehicle production capacity and lithium battery production capacity and us and i think europe is in the same position, does not want to see their economies dominated or at risk of a significant spike in imports from china. so there is a concern about is china going to ramp up its production and is it going to go global in a...
0
0.0
Apr 7, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
we have been hearing a lot from janet yellen on this trip about topics such as electric vehicles and solar panels. why do you think she has made those topics such a priority?— topics such a priority? well, i think it's, _ topics such a priority? well, i think it's, first _ topics such a priority? well, i think it's, first off, _ think it's, first off, important to note that even though china is investing a lot of money on green energy, they are also the world's greatest greenhouse gas emitter. so let's keep that in perspective. but i think secretary yellen is focusing on those issues with a lot of intensity because china has invested a lot of resources for its own companies to be the dominant players in the 21st century for solar power and for electric vehicles. and once those technologies get to a critical mass, they are going to change a lot of our daily lives, and china wants its companies to be the ones controlling not only the vehicles and the solar panels that people and companies are buying, but they want to control the whole supply chain. and if america has learned anything
we have been hearing a lot from janet yellen on this trip about topics such as electric vehicles and solar panels. why do you think she has made those topics such a priority?— topics such a priority? well, i think it's, _ topics such a priority? well, i think it's, first _ topics such a priority? well, i think it's, first off, _ think it's, first off, important to note that even though china is investing a lot of money on green energy, they are also the world's greatest greenhouse gas...
0
0.0
Apr 8, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
dr yellen�*s seeking to navigate these issues and smooth a few feathers in beijing. here's our business reporter david waddell. soon after arriving, secretary yellen addressed business leaders in guangzhou and promised to address the oversupply of chinese goods in key industries such as electric vehicles and solar panels. on sunday she met the chinese premier li qiang and struck an emolient tone. we have put our bilateral relationship on a more stable footing. this is not meant ignoring our differences or avoiding tough conversations. it has meant understanding that we can only make progress if we directly and openly communicate with one another. china's xinhua news agency has accused the united states of fabricating a china threat and criticised washington for erecting trade barriers but the premier mr li seemed optimistic about dr yellen�*s visit. translation: i have read online reports about your visit _ and from the moment you touched down in guangzhou, chinese citizens have been enthusiastic and continually commenting. in fact, this reflects their expectations
dr yellen�*s seeking to navigate these issues and smooth a few feathers in beijing. here's our business reporter david waddell. soon after arriving, secretary yellen addressed business leaders in guangzhou and promised to address the oversupply of chinese goods in key industries such as electric vehicles and solar panels. on sunday she met the chinese premier li qiang and struck an emolient tone. we have put our bilateral relationship on a more stable footing. this is not meant ignoring our...
0
0.0
Apr 9, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
us treasury secretary janet yellen has wrapped up four days of meetings in china with a warning that the us will not accept new industries being decimated by chinese imports. during a press conference, yellen said us presidentjoe biden would not allow a repeat of the china shock of the early 20005, when a flood of chinese imports destroyed around 2 million american manufacturing jobs. when the global market is flooded by artificially cheap chinese products, the viability of american and otherforeign firms is put into question. and we've seen this story before. over a decade ago, massive prc government support led to below—cost chinese steel that flooded the global market and decimated industries across the world and in the united states. i've made clear that president biden and i will not accept that reality again. let's turn now to the ongoing territorial dispute in the south china sea. that issue is on the agenda for leaders from the philippines, japan and the us this week. they're meeting in washington on thursday to discuss security and defence issues. deborah elms from the hin
us treasury secretary janet yellen has wrapped up four days of meetings in china with a warning that the us will not accept new industries being decimated by chinese imports. during a press conference, yellen said us presidentjoe biden would not allow a repeat of the china shock of the early 20005, when a flood of chinese imports destroyed around 2 million american manufacturing jobs. when the global market is flooded by artificially cheap chinese products, the viability of american and...
0
0.0
Apr 4, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
yellen seems keen to keep communicaitons going. what will be her main priorities for this visit? i think the trade issues and climate issues will be the two points she'll try to make. but i think the broader point is just as you described it, that we cannot have a relationship that is entirely characterised by ill will and criticism. there has to be some positive channel going. google, the search engine used by more than a billion people around the world, is reported to be considering charging for premium content generated by artificial intelligence. according to the financial times, the company, is revamping its business model and looking at putting some of its core product behind a paywall. it would be the first time google had charged for any of its content. google said it did not have anything to announce right now. and staying with artificial intelligence, billie eilish, pearljam and nicki minaj are among more than 200 artists who've signed an open letter to tech companies and ai developers calling for an end to predatory use of artificial intelligence in the industry. 0ur n
yellen seems keen to keep communicaitons going. what will be her main priorities for this visit? i think the trade issues and climate issues will be the two points she'll try to make. but i think the broader point is just as you described it, that we cannot have a relationship that is entirely characterised by ill will and criticism. there has to be some positive channel going. google, the search engine used by more than a billion people around the world, is reported to be considering charging...
0
0.0
Apr 8, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
dr yellen�*s seeking to navigate these issues and smooth a few feathers in beijing. here's our business reporter david waddell. soon after arriving, secretary yellen addressed us business leaders in guangzhou and promised to address the oversupply of chinese goods in key industries such as electric vehicles and solar panels. on sunday, she met the chinese premier, li qiang, and struck an emollient tone. we've put our bilateral relationship on a more stable footing. this has not meant ignoring our differences or avoiding tough conversations. it has meant understanding that we can only make progress
dr yellen�*s seeking to navigate these issues and smooth a few feathers in beijing. here's our business reporter david waddell. soon after arriving, secretary yellen addressed us business leaders in guangzhou and promised to address the oversupply of chinese goods in key industries such as electric vehicles and solar panels. on sunday, she met the chinese premier, li qiang, and struck an emollient tone. we've put our bilateral relationship on a more stable footing. this has not meant ignoring...
0
0.0
Apr 8, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
translation: i about the outcome of yellen's visit. translation:— about the outcome of yellen's visit. translation: i have read onfine visit. translation: i have read online reports— visit. translation: i have read online reports about _ visit. translation: i have read online reports about your- visit. translation: i have read online reports about your visit i online reports about your visit and from the moment you touched down, chinese citizens have been enthusiastic and continuously commenting. in fact, this reflects their expectations for the outcome of your visit. expectations for the outcome of our visit. ,, , , expectations for the outcome of your visit-— your visit. stephen olsen says the us and — your visit. stephen olsen says the us and china _ your visit. stephen olsen says the us and china will -
translation: i about the outcome of yellen's visit. translation:— about the outcome of yellen's visit. translation: i have read onfine visit. translation: i have read online reports— visit. translation: i have read online reports about _ visit. translation: i have read online reports about your- visit. translation: i have read online reports about your visit i online reports about your visit and from the moment you touched down, chinese citizens have been enthusiastic and continuously...
0
0.0
Apr 8, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
dr yellen's seeking to navigate these issues and smooth a few feathers in beijing. here's our business reporter david waddell. soon after arriving, secretary yellen addressed us business leaders in guangzhou and promised to address the oversupply of chinese goods in key industries such as electric vehicles and solar panels. on sunday, she met the chinese premier, li qiang, and struck an emollient tone. we've put our bilateral relationship on a more stable footing. this has not meant ignoring our differences or avoiding tough conversations.
dr yellen's seeking to navigate these issues and smooth a few feathers in beijing. here's our business reporter david waddell. soon after arriving, secretary yellen addressed us business leaders in guangzhou and promised to address the oversupply of chinese goods in key industries such as electric vehicles and solar panels. on sunday, she met the chinese premier, li qiang, and struck an emollient tone. we've put our bilateral relationship on a more stable footing. this has not meant ignoring...
0
0.0
Apr 8, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
dr yellen's seeking to navigate these issues and smooth a few feathers in beijing. here's our business reporter david waddell. soon after arriving, secretary yellen addressed business leaders in guangzhou and promised to address the oversupply of chinese goods in key industries such as electric vehicles and solar panels.
dr yellen's seeking to navigate these issues and smooth a few feathers in beijing. here's our business reporter david waddell. soon after arriving, secretary yellen addressed business leaders in guangzhou and promised to address the oversupply of chinese goods in key industries such as electric vehicles and solar panels.
0
0.0
Apr 3, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
that's as the us treasury secretary janet yellen embarks on her second trip to china in less than a year. erin delmore has the details. the phone call marked the first one—on—one communication between us presidentjoe biden and china's president xi jinping since november, and they had a lot of ground to cover. the risks associated with rapidly developing ai technology and military communications, and the trafficking of illicit drugs like fentanyl. a white house summary of the call included a few others, like china's "unfair trade policies" and preventing access to advanced us technology. and on the chinese side, president xi reportedly called us support for any taiwanese independence effort "a red "line" and accused the us of trying to suppress china's development of advanced technology. over four days of meetings, treasury secretary janet yellen is expected to meet with some china's top political and economic officials, as well as american business leaders and chinese professors and students. she is expected to warn china against flooding the market with cheap clean—energy exports,
that's as the us treasury secretary janet yellen embarks on her second trip to china in less than a year. erin delmore has the details. the phone call marked the first one—on—one communication between us presidentjoe biden and china's president xi jinping since november, and they had a lot of ground to cover. the risks associated with rapidly developing ai technology and military communications, and the trafficking of illicit drugs like fentanyl. a white house summary of the call included a...
0
0.0
Apr 4, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
he says yellen�*s visit is more about form than it is content. the message for her will be to encourage the us government to continue to communicate with the chinese officials. you know, for a couple of years there was bad
he says yellen�*s visit is more about form than it is content. the message for her will be to encourage the us government to continue to communicate with the chinese officials. you know, for a couple of years there was bad
0
0.0
Apr 5, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
he says yellen�*s visit is more about form than it is content. the message for her will be to encourage the us government to continue to communicate with the chinese officials. you know for a couple of years there
he says yellen�*s visit is more about form than it is content. the message for her will be to encourage the us government to continue to communicate with the chinese officials. you know for a couple of years there
0
0.0
Apr 5, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
us treasury secretary janet yellen is in china this week for key meetings to improve economic relations between the two superpowers. secretary yellen has rejected calls for the us to move away from china, with relations between washington and beijing showing signs of improving since presidentsjoe biden and xijinping met in san francisco last november. but it hasn't been all smiles and handshakes, secretary yellen chided china for unfair treatment of american and other foreign companies by overproducing goods for the international market. beijing has recently attempted to rapidly boost manufacturing and exports to offset a slump in its economic numbers. let's speak to isabel hilton who is a visiting professor at the lau institute at king's college london so, what you think the us is going to try to get out of this visit? and to try to get out of this visit? and they've been _ to try to get out of this visit? fific they've been pretty much to try to get out of this visit? fific they've been pretty much laid it to try to get out of this visit? e'"ic they've been pretty much laid it out a
us treasury secretary janet yellen is in china this week for key meetings to improve economic relations between the two superpowers. secretary yellen has rejected calls for the us to move away from china, with relations between washington and beijing showing signs of improving since presidentsjoe biden and xijinping met in san francisco last november. but it hasn't been all smiles and handshakes, secretary yellen chided china for unfair treatment of american and other foreign companies by...
0
0.0
Apr 4, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
janet yellen is the us treasury secretary, making her second trip to china in recent months, and she has a ready indicated that one of the issues she plans to raise is about overcapacity, that china�*s factories are producing too much, specifically in certain areas, things like solar panels, electric cars, electric batteries for cars, and other clean energy focused technology, and they�*ll worried that is going to be essentially dumped on the rest of the world, that is going to depress prices and potentially put pressures on producers in other countries. she has a ready given some preview, saying it is notjust america that is worried about this, mexico, europe and japan have also been mentioned. when she was speaking to reporters at a stop in alaska en route to china yesterday,, she said the us had not ruled out a range of actions potentially including tariffs or other sort of trade measures. 0k, we have to leave it there. thank you forjoining us. the veteran american hard rock band kiss has sold its music catalogue, brand—name, likeness and trademarks to the swedish music inve
janet yellen is the us treasury secretary, making her second trip to china in recent months, and she has a ready indicated that one of the issues she plans to raise is about overcapacity, that china�*s factories are producing too much, specifically in certain areas, things like solar panels, electric cars, electric batteries for cars, and other clean energy focused technology, and they�*ll worried that is going to be essentially dumped on the rest of the world, that is going to depress...
0
0.0
Apr 6, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
and ray, let me start with this, because janet yellen raised concerns about china flooding the market with subsidised solar panels. so i've got to ask you, do you agree with that? what do you say to that? aaron, thanks for that important question. the bottom line here in the united states is you're seeing major shift in supply chain right now. you're seeing manufacturing ramp up in the united states, at the same time that we need to continue to import panels in order to meet the demand that we have here in the united states for the projects that we have to be built across all 50 states. so there's a balance to be struck here between imports and ramping up manufacturing. is it too little too late, ray? if you look at what has been proposed now in the united states, we have over 2,000 gigawatts of projects that are just waiting for approval across all 50 states right now. most people don't know what a gigawatt is. it's an incredible amount of power. 2,000 is a huge number overall. if you wanted to break that down, if all those projects get built, that would be enough power to electrify
and ray, let me start with this, because janet yellen raised concerns about china flooding the market with subsidised solar panels. so i've got to ask you, do you agree with that? what do you say to that? aaron, thanks for that important question. the bottom line here in the united states is you're seeing major shift in supply chain right now. you're seeing manufacturing ramp up in the united states, at the same time that we need to continue to import panels in order to meet the demand that we...
0
0.0
Apr 3, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
that as the us treasury secretary janet yellen embarks on her second trip to china in less than a year. erin delmore has the details. , ., ., ~ details. the phone call marked the first one-on-one _ the first one—on—one communication between us presidentjoe biden and china's president xijinping presidentjoe biden and china's president xi jinping since november, and they had a lot of ground to cover. the risks associated with rapidly developing ai technology and military communications, and the trafficking of illicit drugs like fentanyl. a white house summary of the
that as the us treasury secretary janet yellen embarks on her second trip to china in less than a year. erin delmore has the details. , ., ., ~ details. the phone call marked the first one-on-one _ the first one—on—one communication between us presidentjoe biden and china's president xijinping presidentjoe biden and china's president xi jinping since november, and they had a lot of ground to cover. the risks associated with rapidly developing ai technology and military communications, and...
0
0.0
Apr 3, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
the call comes ahead of upcoming visits to china by treasury secretary janet yellen and secretary of state antony blinken, according to a white house readout of the call. a 7.5 magnitude earthquake has hit the east coast of taiwan, triggering japan and the phillippines to issue tsunami alerts. the authorities warn of waves that could be three metres in height. these are some recent pictures from on the ground in hualien, taiwan — where buildings have collapsed and there are reports of power outages. live now to shaimaa khalil, our tokyo correspondent. she is standing by in tokyo after the latest. good to see you. what's been happening and what is the impact of the quake? what is the impact of the auake? ~ . . , what is the impact of the auake? ., ., , ~ ., what is the impact of the auake? ., ., ., ., ., quake? we already know that one area injapan. _ quake? we already know that one area in japan. i'm _ quake? we already know that one area in japan, i'm looking - quake? we already know that one area in japan, i'm looking at - area injapan, i'm looking at different sources, so bear w
the call comes ahead of upcoming visits to china by treasury secretary janet yellen and secretary of state antony blinken, according to a white house readout of the call. a 7.5 magnitude earthquake has hit the east coast of taiwan, triggering japan and the phillippines to issue tsunami alerts. the authorities warn of waves that could be three metres in height. these are some recent pictures from on the ground in hualien, taiwan — where buildings have collapsed and there are reports of power...
0
0.0
Apr 8, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
soon after arriving secretary yellen addressed business leaders in guangzhou and promised to address the oversupply of chinese goods in key industries such as electric vehicles and solar panels. 0n vehicles and solar panels. on sunday she met the chinese premier li qiang and struck an emolent tone. we premier li qiang and struck an emolent tone.— emolent tone. we put our bilateral— emolent tone. we put our bilateral relationship - emolent tone. we put our bilateral relationship on . emolent tone. we put our bilateral relationship on a | bilateral relationship on a more stable footing. this is not meant ignoring our differences or avoiding tough conversations. it has meant understanding that we can only make progress
soon after arriving secretary yellen addressed business leaders in guangzhou and promised to address the oversupply of chinese goods in key industries such as electric vehicles and solar panels. 0n vehicles and solar panels. on sunday she met the chinese premier li qiang and struck an emolent tone. we premier li qiang and struck an emolent tone.— emolent tone. we put our bilateral— emolent tone. we put our bilateral relationship - emolent tone. we put our bilateral relationship on . emolent...
0
0.0
Apr 9, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
janet yellen�*s been in china to smooth some feathers in that sino—us relationship. give us the latest on that. she was there _ give us the latest on that. she was there for _ give us the latest on that. she was there for four _ give us the latest on that. file: was there for four days. give us the latest on that. 5ie: was there for four days. it is described as a charm offensive, it is her second visit in nine months and possibly her last as the treasury secretary as the upcoming us elections. she used the visits to men made high—ranking officials but didn't insert words while she was there. she warned china against overcapacity in its manufacturing sector, saying it was producing too many batteries, ev solar panels in order to meet demands domestically. she said that destroys us jobs because of the flood of chinese import. china was not happy with those comments with officials saying that the us is being protectionist and that the focus from the us and europe was misguided. all in all, though, she did say that the china us relationship was important and that bot
janet yellen�*s been in china to smooth some feathers in that sino—us relationship. give us the latest on that. she was there _ give us the latest on that. she was there for _ give us the latest on that. she was there for four _ give us the latest on that. file: was there for four days. give us the latest on that. 5ie: was there for four days. it is described as a charm offensive, it is her second visit in nine months and possibly her last as the treasury secretary as the upcoming us...
0
0.0
Apr 28, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
it was zero high—level contact over those years until 2023, whenjanet yellen made her first visit, and then we had a series of visits. this was a huge relief to business, because now we're talking and the governments are looking for solutions. the chinese government isn't ignoring us companies�* concerns. in fact, they've been issuing a series of policies promising further reduction of the negative list, liberalisation of cross—border data exchange, which were some of the bigger concerns of us business here. we just hope that those policy statements will be soon followed by implementation. you spent many years in china. give us a sense of some of the lessons that you've learnt being over there. in a0 years, i've seen lots of cycles of economic growth and contraction, but that's set against the long—term incredible growth story and being able to see the quality of life improving for the vast majority of chinese people. so i think my biggest lesson is it's really important to take the long view. i want to get your thoughts on the next frontier of health care. what are you most exci
it was zero high—level contact over those years until 2023, whenjanet yellen made her first visit, and then we had a series of visits. this was a huge relief to business, because now we're talking and the governments are looking for solutions. the chinese government isn't ignoring us companies�* concerns. in fact, they've been issuing a series of policies promising further reduction of the negative list, liberalisation of cross—border data exchange, which were some of the bigger concerns...
0
0.0
Apr 15, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
last week in china, the us treasury secretary janet yellen voices similar concerns about excess capacity in chinese manufacturing, leading to low export prices. chancellor scholaz is expected to challenge china's president xi tomorrow on his country's support for russia's wartime economy. it's just a few days now until the world's biggest election gets underway. nearly a billion indians are eligble to vote and many of them have been benefitting from the billions of dollars prime minister narendra modi has poured into infrastructre such as electricty grids, roads and metro lines. it's part of the reason he's favourite to win a third term. however critics including the opposition say they've dispropotantely benefited a few big business groups and haven't done enough to tackle inequality. from kolkata our india business correspondent nikhil inamadar sent this report. kolkata, a city of rusty trams... ..and traffic jams. crossing the stretch across the mighty hoohly river usually takes up to 30 minutes. but a shiny new underwater metro line hasjust come into operation, significantly reducing
last week in china, the us treasury secretary janet yellen voices similar concerns about excess capacity in chinese manufacturing, leading to low export prices. chancellor scholaz is expected to challenge china's president xi tomorrow on his country's support for russia's wartime economy. it's just a few days now until the world's biggest election gets underway. nearly a billion indians are eligble to vote and many of them have been benefitting from the billions of dollars prime minister...
0
0.0
Apr 26, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
janet yellen was in the country last month and now mr blink and has echoed some of her concerns. —— antony blinken. one of them is about nonmarket activities as well as production capacities. the one thing the us has been hinting at is the possibility of opposing tariffs on things like electric vehicles. we just heard analyst will russo explain how the chinese have dominated this market —— bill russo. they not only have plenty of ev is that they are creating, they are also cheap. if they flood the us market, there is concern that will have an impact on us automakers. also antony blinken met with business leaders in shanghai while he was there and they have really been pushing for what he has called a level playing field. what they are fighting against is highly subsidised industries especially in the green space. companies that make solar panels as well as tvs and lithium ion batteries. they are site —— evs. they are highly subsidised which makes it difficult to play on the global market. anthony global said this is what the chinese officials are responding with. translation: we ho
janet yellen was in the country last month and now mr blink and has echoed some of her concerns. —— antony blinken. one of them is about nonmarket activities as well as production capacities. the one thing the us has been hinting at is the possibility of opposing tariffs on things like electric vehicles. we just heard analyst will russo explain how the chinese have dominated this market —— bill russo. they not only have plenty of ev is that they are creating, they are also cheap. if...
0
0.0
Apr 11, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
we saw janet yellen there over the last few days. how does that fit with the economic alliance it has with japan for technologies that it doesn't want to sell to beijing? well, i thinkjapan is probably relieved that we are engaged with china because forjapan it's always been important for engagement to continue with china. remember, china is still japan's largest trading partner. china is in their neighbourhood. and they very much support a stabilisation in us—china relations. there's been no discussion or no mention, they're certainly playing it down that us steel deal with nippon steel. that's a calibrated decision. they don't want to want to focus on the positives, i suppose. i mean, absolutely. these meetings, you want to focus on the positives, but also we need to remember that nippon steel is just one deal in the sea ofjust a lot of foreign direct investment moving to both sides of the border. i don't doubt privately that the japanese are probably very disappointed with the way that the proposed acquisition by nippon steel of
we saw janet yellen there over the last few days. how does that fit with the economic alliance it has with japan for technologies that it doesn't want to sell to beijing? well, i thinkjapan is probably relieved that we are engaged with china because forjapan it's always been important for engagement to continue with china. remember, china is still japan's largest trading partner. china is in their neighbourhood. and they very much support a stabilisation in us—china relations. there's been no...
0
0.0
Apr 2, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
over four days of meeting treasury secretary jenny yellen is expected to meet with some of china's top political and economic officials as well as american business leaders and chinese professors and students. she is expected to warn china against flooding the market with cheap, clean energy the things like electric vehicle and lithium—ion batteries. the white house is trying to bolster that industry domestically by offering its own tax brea ks breaks and subsidies. tesla shares have fallen almost 5 percent. that's after elon musk�*s electric vehicle maker reported deliveries have fallen sharply in the first quarter of 202a. the company handed overjust under 387 thousand electric cars to customers the smallest quarterly figure in more than a year. that was down more than 8% year on year and farfewer than analysts expected. the ev company has grappled with a fire at its european factory, globalshipping disruption and other challenges. but it's not all bad news for tesla. byd has handed back the title of world's biggest ev seller to elon musk�*s company. that's after china's bigges
over four days of meeting treasury secretary jenny yellen is expected to meet with some of china's top political and economic officials as well as american business leaders and chinese professors and students. she is expected to warn china against flooding the market with cheap, clean energy the things like electric vehicle and lithium—ion batteries. the white house is trying to bolster that industry domestically by offering its own tax brea ks breaks and subsidies. tesla shares have fallen...
0
0.0
Apr 11, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
we thought janet yellen their over the last few months. how does that fit with the economic eliza hazlett japan for technologies that it doesn't want sell to beijing? welcome i thinkjapan is probably relieved that we are engaged with china, because for japan it's always been important for engagement to continue with china. remember, china is stilljapan�*s largest trading partner. china is in their neighbourhood. and they very much support a stabilisation in us china relations.— stabilisation in us china relations. ., , , stabilisation in us china relations. . , , ., relations. there has been no discussion — relations. there has been no discussion or _ relations. there has been no discussion or no _ relations. there has been no discussion or no mention - relations. there has been no discussion or no mention or| discussion or no mention or they are playing it down that a us steel deal with nippon steel. that's a calibrated decision. they want to focus on the positive, i suppose.- the positive, i suppose. mean, absolutely- _ the positiv
we thought janet yellen their over the last few months. how does that fit with the economic eliza hazlett japan for technologies that it doesn't want sell to beijing? welcome i thinkjapan is probably relieved that we are engaged with china, because for japan it's always been important for engagement to continue with china. remember, china is stilljapan�*s largest trading partner. china is in their neighbourhood. and they very much support a stabilisation in us china relations.—...
0
0.0
Apr 25, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
exchanges of dialog have occurred on the among our military and cabinet never ministers such as secretary yellen in talking about trade issues. they are clearly differences but a good foundation now to try to improve the relationship, because the world is depending on close cooperation and collaboration between these countries for global issues like climate change, terrorism, halting the proliferation of nuclear weapons. as you say, they are at least talking but washington seems increasingly frustrated when it comes to chinese aid to russia, will that be one of the topics discussed? the hot spots around the world would be a matter of discussion, i'm sure antony blinken would reinforce the message that china must not provide direct military aid to russia, but also china needs to try to move for peace and reduction of hostilities in the middle east, in terms of the drone attacks against ships that are in the gulf region. making sure that china is not supporting iran, and the manufacturing of weapons and shipments of weapons to russia in the fight against ukraine. so, these hot global issues will b
exchanges of dialog have occurred on the among our military and cabinet never ministers such as secretary yellen in talking about trade issues. they are clearly differences but a good foundation now to try to improve the relationship, because the world is depending on close cooperation and collaboration between these countries for global issues like climate change, terrorism, halting the proliferation of nuclear weapons. as you say, they are at least talking but washington seems increasingly...
0
0.0
Apr 2, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
know there will be visits from us secretary of state antony blinken and the treasury secretaryjenny yellen. also to reassure the global community at a time when he can ill afford any further conflict. . , , conflict. helena humphrey in washington. _ china s leaders are trying to find ways to battle what many economists have described as a demographic ticking time bomb. the country is aging and shrinking — one in five people are over the age of 60 — which is the largest elderly population in the world. pension and health care systems are struggling to cope at a time when women are having fewer babies. so, can china afford to grow old? our china correspondent, laura bicker, has been finding out. this generation witnessed the birth of communist china. but while some are ending their lives in comfort. many still have to work until they drop. 0k. i will follow you. grandma feng shows me her room in an elderly care home. you've got a little balcony out the front. she's decided to pay for long term care rather than rely on her son. translation: i'ml more open minded. there are few people of t
know there will be visits from us secretary of state antony blinken and the treasury secretaryjenny yellen. also to reassure the global community at a time when he can ill afford any further conflict. . , , conflict. helena humphrey in washington. _ china s leaders are trying to find ways to battle what many economists have described as a demographic ticking time bomb. the country is aging and shrinking — one in five people are over the age of 60 — which is the largest elderly population in...
0
0.0
Apr 16, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
and they say this will hamper global growth going forward and we are expecting a speech from janet yellen, the us treasury secretary, to talk about the policies that they have pursued, where you try to move supply chains to countries that you are allied with, that are friendlier to you, and that practice will create this fragmentation that the imf is warning against, saying that it will diminish global growth. thanks forjoining us. and in that imf assessment there is a warning that china's economy continues to be troubled by the huge debt crisis in its property sector. however, in the first three months of this year it appears to have shrugged that off, with beijing reporting growth at a faster than expected annualised rate of 5.3%. despite that, concerns remain about weak consumer spending and uncertain demand for the stuff china makes to export to the rest of the world. that was one of the major topics on the agenda as president xijinping met his german counterpart 0laf scholz in beijing. laura bicker has more from beijing. 0laf scholz came to china with a clear message: we will do busi
and they say this will hamper global growth going forward and we are expecting a speech from janet yellen, the us treasury secretary, to talk about the policies that they have pursued, where you try to move supply chains to countries that you are allied with, that are friendlier to you, and that practice will create this fragmentation that the imf is warning against, saying that it will diminish global growth. thanks forjoining us. and in that imf assessment there is a warning that china's...
0
0.0
Apr 26, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
ti 3 is more about america than china and it isn't for nothing that both janet yellen and blinken have come to china and not visits on the other direction. the americans really want from china some kind of win, something they can credibly sell, as it were, back home, in america, in the run—up to the elections in november. and the chinese actually do not have very much that they want from the americans that the americans are possibly willing to give. so i think we will see very little progress, actually, coming out of the talks, particularly not in public. we will probably see some kind of concessions about overcapacity, chinese industrial overcapacity, particularly steel and aluminium. and some kind of chinese understanding of that issue. but not very much more. the chinese have a long list of things they would like but they know the americans are never going to budge on any of these issues. indeed. their stances on big issues like russia, taiwan, tiktok, and they haven't really changed. at a meeting to agree to disagree?— to disagree? yes, but also to keep lines — to disagree? y
ti 3 is more about america than china and it isn't for nothing that both janet yellen and blinken have come to china and not visits on the other direction. the americans really want from china some kind of win, something they can credibly sell, as it were, back home, in america, in the run—up to the elections in november. and the chinese actually do not have very much that they want from the americans that the americans are possibly willing to give. so i think we will see very little...
0
0.0
Apr 7, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
our top story today — us treasury secretary janet yellen, who�*s on a visit to china, says relations between the two countries have improved because of "tough conversations". this came after she raised concerns about china�*s overproduction of electric vehicles, solar panels and other clean energy products with premier li qiang. she says the huge subsidies china is providing to companies is giving them an unfair advantage over foreign firms. my colleague david waddell has more. soon after arriving she addressed and promised to addressed and promised to address the oversupply of chinese goods in key industries such as electric vehicles in solar panels. 0n such as electric vehicles in solar panels. on sunday she meant the premier li qiang and struck a tone. the meant the premier li qiang and struck a tone.— struck a tone. we have put our bilateral relationship _ struck a tone. we have put our bilateral relationship are - struck a tone. we have put our bilateral relationship are more | bilateral relationship are more stable — bilateral relationship are more stable footing. this is
our top story today — us treasury secretary janet yellen, who�*s on a visit to china, says relations between the two countries have improved because of "tough conversations". this came after she raised concerns about china�*s overproduction of electric vehicles, solar panels and other clean energy products with premier li qiang. she says the huge subsidies china is providing to companies is giving them an unfair advantage over foreign firms. my colleague david waddell has more....
0
0.0
Apr 15, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
last week in china, the us treasury secretary janet yellen voices similar concerns about excess capacity in chinese manufacturing, leading to low export prices. chancellor scholaz is expected to challenge china's president xi tomorrow on his country's support for russia's wartime economy. those are the top business stories here on bbc news. the french government says it hopes an international conference on sudan being held in paris will break the wall of silence around the conflict, which erupted exactly a year ago. fighting between the sudanese armed forces and the rapid support forces has claimed thousands of lives, displaced more than eight million people and triggered what the united nations describes as "the world's largest hunger crisis". speaking at the paris conference, the french foreign minister said the sudanese people had been victims of indifference. we can speak to dallia abdel—moniem, a sudanese advocacy worker, who's currently displaced in egypt. welcome to the programme. we spoke to you originally right at the start of this conflict when you are moving around neighbour
last week in china, the us treasury secretary janet yellen voices similar concerns about excess capacity in chinese manufacturing, leading to low export prices. chancellor scholaz is expected to challenge china's president xi tomorrow on his country's support for russia's wartime economy. those are the top business stories here on bbc news. the french government says it hopes an international conference on sudan being held in paris will break the wall of silence around the conflict, which...
0
0.0
Apr 3, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
suppress china's development of advanced technology. 0ver four days of meetings treasury secretary janet yellen is expected to meet some of the chinese top political and economic officials as well as business leaders and chinese professors and students. she is expected to want to run against flooding the market with cheap clean energy experts, things like electric vehicles with lithium ion batteries. the white house is trying to bolster the industry domestically by offering its own tax breaks and subsidies. well, let's stay with the us and china because the two biggest makers of electric vehicles — tesla and byd — have both reported a sharp fall in sales, confirming concerns there is a slowing demand for evs — tesla shares fell by almost 5% on the news. elon musk�*s electric vehicle—maker said it handed overjust under 387,000 electric cars to customers — the smallest quarterly figure in more than a year and less than market expectations. it's arch rival — byd — has slashed the cost of almost every model in its line—up since the start of the year, sparking a price war in china.
suppress china's development of advanced technology. 0ver four days of meetings treasury secretary janet yellen is expected to meet some of the chinese top political and economic officials as well as business leaders and chinese professors and students. she is expected to want to run against flooding the market with cheap clean energy experts, things like electric vehicles with lithium ion batteries. the white house is trying to bolster the industry domestically by offering its own tax breaks...