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Yellen faces tough road on China’s excess capacity problem

By Inquirer - 8 months ago
GUANGZHOU, China — U.S. Treasury Secretary Janet Yellen arrives in China’s southern factory hub of Guangzhou on Thursday with a tough message to Chinese officials: you’re producing too much of everything, especially clean energy goods, and the world can’t absorb it. China is unleashing a flood of electric vehicles (EVs), batteries, solar panels, semiconductors and

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