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China’s Economic Fate Hangs in the Balance: US Threatens Intervention

The US Treasury Secretary, Janet Yellen, stated that future talks between the US and China will focus on the need for Beijing to shift its industrial and economic policies. Yellen believes China's overcapacity in certain sectors has been harming other countries' economies. She and Chinese officials discussed Beijing's economic plans, but further details were not provided. The topics of national security and information exchange on economic tools were also discussed during Yellen's visit to China.