Home > Uncategorized > U.S. to Investigate China’s Clean Energy Subsidies – NYTimes.com

U.S. to Investigate China’s Clean Energy Subsidies – NYTimes.com

The economic tension between the United States and China escalated on Friday, as the Obama administration pledged to investigate Beijing’s subsidies to its growing clean energy industries while delaying a politically volatile report on the Chinese currency.
The approach — part carrot, part stick — reflected the delicate balance the administration is trying to strike in a campaign year by taking a newly assertive posture over China’s trade and commercial policies, while pursuing delicate negotiations as an alternative to confrontation.

via www.nytimes.com

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