US Treasury Secretary Janet Yellen's Trip to China to Address Industrial Overcapacity
By
Hao Chengling
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
US Treasury Secretary Janet Yellen is set to embark on a significant trip to China for crucial discussions. Yellen's focus will center on addressing the mounting industrial overcapacity that is posing threats to global economies. This upcoming visit marks her second trip to China within a span of nine months. She is scheduled to spend two days in Guangzhou, a key commercial and manufacturing center, before proceeding to Beijing for an additional two days of talks. The Treasury's announcement emphasized the seriousness and importance of this visit. Yellen's proactive engagement underscores the severe economic concerns associated with the issue of industrial overcapacity, which has implications on a global scale.