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International Business Times
International Business Times
World
AFP News

Yellen To Urge China To Address Overcapacity Issues

Janet Yellen China United States
US Treasury Secretary Janet Yellen is expected to make the risks of excess capacity a key issue in discussions during her next China visit, according to prepared remarks (Credit: AFP)

A surge in cheap exports from China in industries like electric vehicles could bring "global spillovers," US Treasury Secretary Janet Yellen is due to warn in a speech on Wednesday.

She plans to raise the risks of excess capacity as a key issue in discussions during her next trip to China, and press Beijing to take "necessary steps to address this issue."

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