U.S. Secretary of State for the Treasury is visiting China.
Janet Yellen is concerned about Chinese production “overcapacity” Yellen: “Overcapacity can lead to large export volumes at falling prices” She will meet with Vice Premier He Lifeng, Finance Minister Lan Fo'an, as well as Premier Li Qiang and central bank governor Pan Gongsheng in Guangdong province, south of China. The U.S.-China relations have been strained in recent years due to several issues.