US Treasury Secretary Janet Yellen on Friday launched four days of talks with senior Chinese officials expected to focus heavily on spillovers from China’s excess manufacturing capacity and an increasingly challenging business climate for US firms.
Yellen will meet with Guangdong Province Governor Wang Weizhong and Vice Premier He Lifeng in a continuation of US -China economic relations. But these talks are likely to be more contentious than past engagements due to the more difficult subject matter.
Yellen and other Biden administration officials are growing…