(Las Vegas / Washington Comprehensive) US Treasury Secretary Yellen said that the slowdown in China's economy is a "risk factor" for the United States, but this does not obviously weaken her optimistic view of the US economy.

Yellen Monday (August 14) delivered a speech in Las Vegas to preach the economic policy results of the Biden government.After she said, she said to reporters: "The slowdown in China's economic slowdown on Asia's neighboring countries has the greatest impact, and it will also have some overflowing effects on the United States ... Let's call it risk."

A few days ago Yellen made the above remarks, Biden criticized China's economic problem as a "timing bomb" and said that Chinese leaders were "bad guys".He said that due to the slowdown in China's economic growth and the high unemployment rate, China encountered "trouble".

China recently released a series of disappointing economic data. The RMB has fallen to the lowest level since November last year. It has fallen by about 5%this year. It is the worst currency in Asia after the yen.The lowest point of the year; the consumer price index and the producer price have declined; the export decline is the largest since February 2020.

Yelun said that China's economic growth, the conflict between Russia and Ukraine, and climate change may constitute risks to the US economy and do not even rule out the possibility of economic recession, but she is still optimistic about the prospects of the US economy.She said: "I feel very good for the overall prospects of the United States ... The economic growth of the United States has slowed down, but the growth is still stable. The employment market is very strong and inflation is decreasing."

poll: Many voters think that the US economy is poor

Although the US economic performance is better than expected, according to a recent poll, many voters supported Bayiden in the 2020 presidential election, but under the leadership of Biden, the US economy has performed poorly. They may not be inIn the next year's election, voting to support Biden's re -election.

Yellen was asked why the polls showed that most Americans thought that the economic situation was not good, she said that although the Americans were not so optimistic about the overall economic opinion, "when asked about personal financial conditions, 70%or or 70%or orMore people say they feel good. "

Yellen also pointed out that since Biden's in power in January 2021, the United States has added 13 million employment opportunities, and the employment ratio of the elderly population in the United States from 25 to 54 has reached the highest level in more than 20 years.At present, the labor participation rate of women's women has always been the highest, and the unemployment rate of black and Latin people is also the lowest.

She said: "These are not abstract statistical data ... are really reflected in the return of Americans to work, which can put food on the dining table, support the family, and save it for retirement." The United States needs diversified clean energy supply chain

Yellen also emphasized in his speech that the United States needs a diversified clean energy supply chain and warns clean energy production, including batteries, solar panels, and key minerals should not be concentrated in a few countries.

Yellen does not name any country, but China currently produces most of the electric vehicle batteries. The US Treasury also noticed that China has high control over global key mineral processing.International energy agencies have recently issued a report saying that at least 60%of the production capacity of large -scale manufacturing technology, such as solar optical battery and wind energy systems, is in China.

Yellen emphasized that one of the goals passed by the inflation reduction bill passed in August last year is to establish a clean energy supply chain with toughness and diversification to "reduce bottlenecks, reduce interference, and protect our economic security."

This bill contains $ 500 billion in expenditure and tax discounts, which aims to develop clean energy, reduce medical costs, and increase taxes.