"Yellen's China Visit: Addressing Economic Challenges and Market Reforms"
U.S. Treasury Secretary Janet Yellen began her official meetings in China by addressing overcapacity concerns and advocating for market-oriented reforms, emphasizing the need for a level playing field for American workers and firms. Yellen's discussions in Guangzhou and upcoming meetings in Beijing aim to strengthen the economic relationship between the two countries, while also acknowledging China's significant role in global economic growth. The trip comes amid increasing tensions between the U.S. and China, with efforts to enhance communication and trade negotiations.