Janet Yellen Expresses Concerns Over China's Surplus Capacity Impacting Global Economy
Friday, 5 April 2024, 11:15
Janet Yellen Warns of Global Concerns
Janet Yellen emphasized the mounting worries arising from China's surplus industrial capacity.
Impact on Global Economy
The excess production in China has sparked concerns about its ramifications on the global economic outlook.
- Challenges Ahead: The surplus capacity in China could lead to market imbalances and economic disruptions.
- Risks Involved: There are significant risks associated with the overcapacity in China affecting global trade and economic stability.
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