Recently, Yellen issued two major warnings to China during her visit to China, trying to get China to make compromises and concessions by exerting maximum pressure again. But what Yellen didn't think about was that at the critical moment, not only did China not eat its own set at all, but directly refuted its own erroneous remarks such as "China's overcapacity theory", and Russian Foreign Minister Sergei Lavrov, who had just been invited to visit China, also publicly stated that Sino-Russian relations have reached an unprecedented level, which directly made Yellen's attempt to sow discord and drive a wedge between China and Russia, and completely shatter her attempt to "draw a clear line" between China and Russia.
Let's first talk about Yellen's first warning to China during her visit to China, Yellen has said in public many times in recent days that China has "overcapacity" in new energy and other industries Yellen said that she had specifically told the Chinese side about this issue in her talks with the Chinese side, and the U.S. government would push China to change these industrial policies that pose a threat to U.S. jobs, and Yellen even confidently said that she believes that the Chinese side has learned about the importance and concern of the U.S. side on this issue.
Anyone with a discerning eye can see that Yellen's series of so-called "China's overcapacity theories" and threats are actually aimed at forcing China to make compromises, trying to make China abandon its "martial arts", curb its own exports of new energy products such as new energy vehicles, lithium batteries and photovoltaic products, and not "compete for profits" with the United States, giving American companies such as traditional car companies and solar cell manufacturers that are obviously far behind Chinese companies a "way to live".
Recently, the Chinese Foreign Ministry directly stated that whether there is a so-called "overcapacity" problem can only be seen in the context of globalization from the perspective of global market demand and future development potential. In fact, the balance between supply and demand in the international market is relative, and imbalance is often the norm. Therefore, to solve these problems, it is mainly necessary for the market to mediate according to the law of value, and those behaviors that will politicize and secure economic and trade issues such as production capacity are contrary to economic laws, that is, they are not conducive to domestic enterprises and the stable development of the world economy.
Obviously, China's remarks have been made clear, and they can be summed up in one sentence, the US side fantasizes that China can heed its own warnings and "abolish its martial arts", and don't even think about it, Yellen's bizarre remarks have actually violated the principle of free trade of the United States, and even more violated the objective law of economic development, which is fundamentally untenable, so Yellen's so-called "theory of China's overcapacity" is actually a completely false proposition.
Yellen's second warning to China is that China and Russia will not be allowed to get too close, or even allow normal economic and trade exchanges between China and Russia.
According to relevant reports, Yellen recently publicly stated during her visit to China that if Chinese companies are found to have supported Russia's military operations in Ukraine, including substantial support for Russia's military industry, they will face serious consequences. Yellen also said that Russia has benefited from China's supplies.
Anyone with a discerning eye can see that Yellen still issued such a warning when she knew that there was no military aid or military trade exchanges between China and Russia, in fact, she was saying that normal economic and trade exchanges between China and Russia were actually "indirect" in the eyes of the United States to help Russia, and the United States would not allow it. Obviously, the US is actually trying to divide China and Russia, using the Russia-Ukraine conflict as an excuse to force China and Russia to "draw a clear line" and sow discord between China and Russia.
It is undoubtedly very ridiculous that China and Russia, as independent and sovereign states, communicate and cooperate with each other, and what qualifications does the United States have to make irresponsible remarks or even issue warnings and threats?
It is worth mentioning that the Chinese side has not officially responded to this strange warning from the US side, but the Russian side immediately stood up and slapped the US side in the face.
Russian Foreign Minister Sergei Lavrov, who was recently invited to visit China, openly stated that the China-Russia comprehensive strategic partnership of coordination for a new era has reached an unprecedented level, and with Putin's re-election, he will continue to comprehensively strengthen the continuity of the policy of bilateral relations.
This remark is undoubtedly the best response to Yellen's warning that China and Russia "draw a clear line", and the US fantasy has no possibility of realizing it at all, so it is better to recognize the reality as soon as possible, correct its attitude towards China, and truly strive to promote the good development of China-US relations, which is the most important thing for the Biden administration to do now.