美國財政部長警告中國補貼對全球經濟構成威脅

美國財政部長珍妮特耶倫在訪華期間對北京的巨額工業補貼表示擔憂，強調這些補貼可能會導致產能過剩，破壞全球經濟的穩定。她強調，產能過剩可能導致低價出口和供應鏈集中，威脅全球市場的彈性。

US Treasury Secretary Raises Alarm Over Chinese Industrial Subsidies: Threat to Global Economy

美國財長對中國工業補貼發出警告：對全球經濟的威脅

Beijing, China - United States Treasury Secretary Janet Yellen has issued a stern warning during her visit to China, expressing deep concerns about the extensive government subsidies provided by Beijing to its domestic industries. Yellen emphasized that these subsidies pose a significant destabilizing force for the world economy, potentially leading to overcapacity in production and distorting global markets.

中國北京 - 美國財​​政部長珍妮特耶倫在訪華期間發出嚴厲警告，對北京向國內產業提供的大量政府補貼深表擔憂。耶倫強調，這些補貼對世界經濟構成了巨大的不穩定力量，可能導致生產能力過剩並扭曲全球市場。

Concerns over Production Overcapacity and Market Disruption

對產能過剩和市場擾亂的擔憂

Addressing Chinese officials, Yellen highlighted the substantial financial support provided by the Chinese government to its industries, both directly and indirectly. She stated that this assistance has resulted in production capacity far exceeding domestic demand and outstripping what the global market can reasonably absorb.

耶倫在向中國官員發表講話時強調了中國政府直接和間接為其工業提供的大量財政支持。她表示，這種援助導致產能遠超過國內需求，也超越了全球市場的合理吸收能力。

"Such overcapacity can lead to significant volumes of exports at artificially low prices, flooding international markets and jeopardizing the viability of companies both in the United States and globally," Yellen warned. "The excessive concentration of supply chains also undermines the resilience of the global economy, making it vulnerable to disruptions and imbalances."

耶倫警告說：“這種產能過剩可能會導致大量出口產品被人為壓低，從而湧入國際市場，危及美國和全球企業的生存能力。” 「供應鏈的過度集中也削弱了全球經濟的彈性，使其容易受到干擾和失衡的影響。”

Biden Administration's Strategic Concerns

拜登政府的戰略關切

Yellen's concerns mirror those expressed by the Biden administration, which has been closely monitoring China's ambitions in key sectors such as electric vehicles and green energies. The administration is eager to stimulate domestic production in these areas, particularly in the run-up to the upcoming presidential election.

耶倫的擔憂與拜登政府表達的擔憂相呼應，拜登政府一直在密切關注中國在電動車和綠色能源等關鍵領域的野心。政府渴望刺激這些領域的國內生產，特別是在即將舉行的總統大選之前。

"The Chinese subsidies represent a major challenge to the competitiveness of American companies in emerging industries," commented Paul Triolo, an expert on China at Albright Stonebridge Group. "The Biden administration may consider taking preemptive measures to prevent future issues related to Chinese overcapacity, but such initiatives could provoke a negative reaction from Beijing."

奧爾布賴特石橋集團(Albright Stonebridge Group)中國問題專家保羅·特里奧洛(Paul Triolo)評論道：“中國的補貼對美國企業在新興產業的競爭力構成了重大挑戰。” “拜登政府可能會考慮採取先發製人的措施，以防止未來與中國產能過剩相關的問題，但此類舉措可能會引起北京方面的負面反應。”

Dialogue Amidst Tensions

緊張局勢下的對話

Despite the ongoing tensions between the United States and China, Yellen's visit signals a willingness to resume dialogue between the two powers. This is her second trip to China in less than a year, underscoring the importance attached by both sides to maintaining open channels of communication.

儘管美國和中國之間的緊張局勢持續存在，但耶倫的訪問表明兩國願意恢復對話。這是她不到一年內第二次訪華，凸顯了雙方對維持開放溝通管道的重視。

During her visit, Yellen is scheduled to meet with senior Chinese officials, including Vice Premier He Lifeng and People's Bank of China Governor Pan Gongsheng. The talks are expected to cover sensitive economic issues, including American restrictions on Chinese technology companies and Beijing's economic support for Russia.

訪問期間，耶倫計劃會見中國高級官員，包括副總理何立峰和中國人民銀行行長潘功勝。預計會談將涵蓋敏感的經濟問題，包括美國對中國科技公司的限制以及北京對俄羅斯的經濟支持。

Balancing Firmness and Dialogue

平衡堅定與對話

While the United States remains committed to addressing the perceived threat posed by Chinese subsidies, Yellen has emphasized the need for a balanced approach. She has stated that constructive dialogue and cooperation are essential for safeguarding the global economic order.

儘管美國仍致力於解決中國補貼帶來的威脅，但耶倫強調需要採取平衡的做法。她表示，建設性對話與合作對於維護全球經濟秩序至關重要。

"The United States must find a way to preserve the competitiveness of its companies and the stability of international markets," Yellen said. "However, we must also recognize the importance of maintaining a cooperative relationship with China and working together to address common challenges."

耶倫表示：“美國必須找到一種方法來保持其公司的競爭力和國際市場的穩定。” “但是，我們也必須認識到與中國保持合作關係並共同應對共同挑戰的重要性。”

Economic Fallout and Future Relations

經濟影響與未來關係

Failure to address the issue of Chinese subsidies could have far-reaching implications for the global economy. Overcapacity and market distortions can lead to job losses, business closures, and reduced economic growth worldwide. Additionally, it could exacerbate tensions between the United States and China, potentially escalating to an economic war that would harm both sides.

如果無法解決中國補貼問題，可能會對全球經濟產生深遠影響。產能過剩和市場扭曲可能導致失業、企業倒閉和全球經濟成長放緩。此外，這可能會加劇美國和中國之間的緊張關係，並有可能升級為經濟戰爭，對雙方都造成傷害。

The resolution of this issue requires a concerted effort from both countries. While China must address the concerns raised by the United States, the Biden administration must also pursue constructive dialogue and avoid actions that could further escalate tensions. The future of the global economy and Sino-American relations hangs in the balance.

這一問題的解決需要兩國共同努力。在中國必須解決美國提出的擔憂的同時，拜登政府也必須尋求建設性對話，避免採取可能進一步加劇緊張局勢的行動。全球經濟和中美關係的未來懸而未決。