The division between China and the United States could have significant consequences for technological change, potentially splintering the globe into two competing camps, said Janet Yellen. Photo: AP

Trade war deal will not fix US-China tensions as ex-Fed chair Yellen warns of long-term global impact

  • Janet Yellen, who chaired the US Federal Reserve from 2014 to 2018, warns of the risks of technological decoupling between China and the United States
  • Subsidies to state-owned enterprises, artificial intelligence and 5G technologies well as national defence and security concerns are also ‘quite difficult to deal with’
Topic |   US-China trade war

TOP PICKS

The division between China and the United States could have significant consequences for technological change, potentially splintering the globe into two competing camps, said Janet Yellen. Photo: AP
READ FULL ARTICLE
Karen Yeung

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.