Janet Yellen Advocates for Addressing Excess Capacity in Strategic Meeting with China's Central Bank Leader

Yellen Urges Action on Excess Capacity

Janet Yellen, in a strategic meeting with China's central bank chief, stresses the critical need to address the issue of excessive capacity in current markets.

Key Points:

• Global Cooperation: Yellen emphasizes the importance of concerted efforts to combat economic imbalances.
• Strategic Dialogue: The meeting reflects a proactive approach to fostering collaboration between major economies.

The discussion underlines the significance of addressing excess capacity for sustaining global economic stability.