"Yellen: US and China Stabilize Relations with Tough Talks on Balanced Growth"

US Treasury Secretary Janet Yellen raised concerns about China's excess industrial capacity during a meeting with Chinese Premier Li Qiang, emphasizing the need for "tough" discussions while acknowledging the progress made in stabilizing bilateral relations. Yellen's visit focused on addressing China's over-production of electric vehicles and clean energy goods, with both sides showing willingness to explore the issue further. The meetings reflect efforts to manage tensions and normalize economic relations between the two countries, with a focus on advocating for balanced growth and a level playing field to protect US workers and businesses.