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US needs China for its EV industry
Encouraging Chinese investments in the US would achieve a better outcome than complaining about overproduction.
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US Treasury Secretary Janet Yellen (left) shakes hands with Chinese Vice-Premier He Lifeng in Guangzhou, Guangdong province.
PHOTO: REUTERS
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Despite signs of thawing in the relationship between China and the United States, a new chapter has opened in their trade dispute, this time relating to electric vehicles (EVs), batteries, solar panels and other green energy products. It is unlikely to have a happy ending, unless the conversation changes.
On her visit to China last week,
