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International Business Times
International Business Times
AFP News

Yellen To Warn China Of Industrial Oversupply Risks

US Treasury Secretary Janet Yellen (Credit: AFP)

A surge in cheap exports from China in industries like electric vehicles could create an oversupply and hurt economies, US Treasury Secretary Janet Yellen warned in a speech on Wednesday.

She plans to raise those risks during her next trip to China likely this year, and press Beijing to take "necessary steps to address this issue."

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