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Yellen to urge China to address overcapacity issues
Yellen to urge China to address overcapacity issues
Economy
by  AFP

A surge in cheap exports from China in industries like electric vehicles could bring "global spillovers," US Treasury Secretary Janet Yellen is due to warn in a speech on Wednesday. "Now, we see excess capacity building in 'new' industries like solar, EVs, and lithium-ion batteries," Yellen is due to say.