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Yellen to press Chinese counterparts on overcapacity risks

March 27, 2024 at 12:54 PM
Editor's note: This story was updated after initial publication once Yellen delivered her remarks. When she heads to China next month, Treasury Secretary Janet Yellen will emphasize the risks that Chinese overcapacity in the solar, electric vehicle and lithium-ion battery sectors pose to the global economy and to the U.S. in particular, she said on Wednesday. “We have raised overcapacity in previous discussions with China and I plan to make it a key issue in discussions during my next...

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