Source link : https://www.mondialnews.com/2025/06/19/treasury-secretary-warns-chinas-30-share-of-global-manufacturing-has-reached-its-limit/
In an exclusive interview with the podcast “Pod Force One,” U.S. Treasury Secretary Janet Yellen addressed concerns over China’s dominant position in global manufacturing, asserting that the country’s current 30 percent share is “too high – and it can’t go higher.” Highlighting the risks of overreliance on a single nation for critical supply chains, Yellen emphasized the need for diversification to bolster global economic stability. The remarks come amid ongoing tensions over trade and supply chain security, underscoring Washington’s growing push to recalibrate manufacturing dynamics worldwide.
Treasury Secretary Warns of Risks in China’s Manufacturing Dominance
Treasury Secretary Janet Yellen expressed deep concern over China’s vast share of the global manufacturing market, currently estimated at nearly 30%. Speaking on the podcast Pod Force One, she emphasized that this level of dominance poses significant risks to global supply chains and economic stability. According to Yellen, allowing China’s manufacturing stake to grow further could lead to over-reliance, making other countries vulnerable to disruptions and geopolitical tensions.
Highlighting critical areas of focus, Yellen outlined key risks associated with this concentration:
- Fragility of supply chains due to geopolitical friction
- Dependence on a single manufacturing hub for essential goods
- The potential for economic coercion in international trade
- Reduced innovation incentives outside…
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Author : Olivia Williams
Publish date : 2025-06-19 06:48:00
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