美国财政部长警告中国补贴对全球经济构成威胁

美国财政部长珍妮特·耶伦在访华期间对北京的巨额工业补贴表示担忧，强调这些补贴可能会导致产能过剩，从而破坏全球经济的稳定。她强调，产能过剩可能导致低价出口和供应链集中，威胁全球市场的弹性。

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

美国财长对中国工业补贴发出警告：对全球经济的威胁

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.

中国北京 - 美国财政部长珍妮特·耶伦在访华期间发出严厉警告，对北京向国内产业提供的大量政府补贴深表担忧。耶伦强调，这些补贴对世界经济构成了巨大的不稳定力量，可能导致生产能力过剩并扭曲全球市场。

Concerns over Production Overcapacity and Market Disruption

对产能过剩和市场扰乱的担忧

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.

耶伦在向中国官员发表讲话时强调了中国政府直接和间接为其工业提供的大量财政支持。她表示，这种援助导致产能远远超过国内需求，也超出了全球市场的合理吸收能力。

"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."

耶伦警告说：“这种产能过剩可能会导致大量出口产品被人为压低，从而涌入国际市场，危及美国和全球企业的生存能力。” “供应链的过度集中也削弱了全球经济的弹性，使其容易受到干扰和失衡的影响。”

Biden Administration's Strategic Concerns

拜登政府的战略关切

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.

耶伦的担忧与拜登政府表达的担忧相呼应，拜登政府一直在密切关注中国在电动汽车和绿色能源等关键领域的雄心。政府渴望刺激这些领域的国内生产，特别是在即将举行的总统选举之前。

"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."

奥尔布赖特石桥集团(Albright Stonebridge Group)中国问题专家保罗·特里奥洛(Paul Triolo)评论道：“中国的补贴对美国企业在新兴产业的竞争力构成了重大挑战。” “拜登政府可能会考虑采取先发制人的措施，以防止未来与中国产能过剩相关的问题，但此类举措可能会引起北京方面的负面反应。”

Dialogue Amidst Tensions

紧张局势下的对话

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.

尽管美国和中国之间的紧张局势持续存在，但耶伦的访问表明两国愿意恢复对话。这是她不到一年内第二次访华，凸显了双方对保持开放沟通渠道的重视。

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.

访问期间，耶伦计划会见中国高级官员，包括副总理何立峰和中国人民银行行长潘功胜。预计会谈将涵盖敏感的经济问题，包括美国对中国科技公司的限制以及北京对俄罗斯的经济支持。

Balancing Firmness and Dialogue

平衡坚定与对话

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.

尽管美国仍然致力于解决中国补贴带来的威胁，但耶伦强调需要采取平衡的做法。她表示，建设性对话与合作对于维护全球经济秩序至关重要。

"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."

耶伦表示：“美国必须找到一种方法来保持其公司的竞争力和国际市场的稳定。” “但是，我们也必须认识到与中国保持合作关系并共同应对共同挑战的重要性。”

Economic Fallout and Future Relations

经济影响和未来关系

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.

如果不能解决中国补贴问题，可能会对全球经济产生深远影响。产能过剩和市场扭曲可能导致失业、企业倒闭和全球经济增长放缓。此外，这可能会加剧美国和中国之间的紧张关系，有可能升级为经济战争，对双方都造成伤害。

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.

这一问题的解决需要两国共同努力。在中国必须解决美国提出的担忧的同时，拜登政府也必须寻求建设性对话，避免采取可能进一步加剧紧张局势的行动。全球经济和中美关系的未来悬而未决。