Yellen Heads to China This Week to Press Beijing on Overcapacity
- Treasury chief will also stop in export powerhouse Guangdong
- Yellen has slammed China for industrial policies roiling world
Janet Yellen, US Treasury secretary.
Photographer: Alyssa Pointer/BloombergThis article is for subscribers only.
US Treasury Secretary Janet Yellen will this week travel to China for the second time in nine months, aiming to press her counterparts on a build-up of industrial overcapacity that poses threats to the rest of the world’s economies.
Yellen will spend two days in the southern commercial and manufacturing hub of Guangzhou beginning April 5 before heading to Beijing for two more days of talks, the Treasury announced Tuesday.