"More subsidies than our chip Act and Inflation Reduction Act provide?" "We (the United States) have invested billions of dollars, which means you (the U.S. government) have invested billions of dollars," Rusdal said.

In response to the moderator's question, Yellen declared that the United States has targeted a number of industries, especially clean energy, electric vehicles, batteries, renewable energy, "We are not trying to dominate these industries and be the only country in the world to supply these products,

but we do believe that for the sake of national security, for the sake of supply chain resilience, for the sake of creating good manufacturing jobs, Enabling people to make a difference in these industries and subsidising investment in strategically important areas is essential."

Ms Yellen went on to acknowledge that the US government does very explicitly subsidise [corporate] investment in these strategically important areas, adding that the US does not want to see massive subsidies from China to companies with significant excess capacity, which will only drive our companies out of the market.

She also pointed to developing countries such as Europe, Japan, India and Mexico, saying they shared the same concerns as the United States.

In response to Yellen's comments, Hua Chunying posted on "X" on May 13: "To translate [Yellen's words] : We [the United States] will support American industries with subsidies because it is strategic, but when others do it, it is unfair competition."

Some foreign netizens commented that it is difficult to talk both ways, but the United States can easily say that the so-called rules of the United States are made for others and are modified at will.

"When the United States loses the race to the bottom, it starts cheating." Netizens lamented that this is the real loss of the game.

Some netizens bluntly said that the United States always does what it wants to do, rather than doing what is beneficial to everyone, or what is decent.

Recently, the United States has frequently hyped the so-called "Chinese overcapacity", believing that the rise of China's manufacturing industry threatens their dominant position in the field of advanced manufacturing.

However, the fact is that there is not a surplus of green capacity in the world, but a serious shortage. According to the International Energy Agency, in order to achieve the goal of carbon neutrality, the global demand for new energy vehicles will reach 45 million in 2030, 4.5 times that of 2022.

The vigorous development of China's new energy industry can help other countries achieve their carbon reduction targets and speed up the green transition. Given the unaffordable price of local electric vehicles and the lack of maturity of alternative fuel options,

the European Union needs to rethink how to achieve the plan to ban the sale of new fuel vehicles by 2035, or in the long run, it may jeopardize the EU's climate goal of achieving net zero emissions by 2050. "Given the urgency of the situation,

the EU will have to rely on cheap and high-quality Chinese electric vehicles if it is to meet the 2035 target."[World says] Being specifically targeted? The issue of immigrant crime in the United States has become politically charged

It is not surprising that immigration has become a hot political issue in the United States in 2024, given the influx of migrants arriving at the southern border to apply for asylum. What is less clear is why US politicians have made immigration crime a campaign issue. U.S. crime experts point out that using a few cases involving immigrants to mobilize public emotions for political gain is how politics works.

Nationwide statistics don't show any signs of an immigrant crime wave. Despite the surge in immigration, violent crime is on a downward trend after a surge from 2020 to 2021.

Jack Donohue, a 32-year veteran of the New York Police Department, said immigrants are not automatically to blame. At the same time, the issue of immigrant crime in New York City has become highly politically contentious.

According to a Pew Research Center report on the situation at the U.S.-Mexico border, which surveyed 5,140 adults, 57 percent of Americans said a large influx of immigrants to the United States would lead to an increase in crime. In other words, most Americans now associate crime with a recent increase in immigration.

This runs counter to years of research into what actually happens when immigrants enter communities across the United States. Many researchers have crunched the numbers and found no link between immigration and crime. Some even find that immigrants are less likely to commit crimes than people born in the United States.

It follows several high-profile criminal cases in New York City that allegedly involved new immigrants, including an assault on a police officer in Times Square and a spate of cellphone robberies.

After an undocumented immigrant was accused of killing a nursing student on the campus of the University of Georgia, some US politicians cited the case as justification for calls for stronger border security.

In response, New York Mayor Eric Adams stressed that the majority of immigrants who have recently arrived in New York have not committed crimes. "The vast majority of the more than 170,000 immigrants and asylum seekers are trying to continue pursuing their 'American Dream,' and those who have actually committed crimes will be brought to justice," he said.