US, China agree to launch exchanges on balanced growth; Washington flags Beijing's 'overcapacity'
World | April 06, 2024 12:51 ISTUS Treasury Secretary Janet Yellen's priority in China has been to persuade Chinese officials to rein in excess production capacity for e-vehicles and solar panels. Worried that it will flood their markets with low-priced exports, the US has made efforts to reduce dependence on Chinese technology.