Yellen Raises Concerns Over China's Economic Practices

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Source: Al Jazeera English
Yellen Raises Concerns Over China's Economic Practices
Photo: Al Jazeera English
TL;DR

US Treasury Secretary Janet Yellen warns China that it cannot rely on exporting its way to rapid growth and should address its excess industrial capacity, which is pressuring other economies. Yellen emphasizes the need for market-based reforms and raises concerns about China's business climate during her visit to the country.

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