Yellen Chides China Over ‘Coercive’ Moves Against US Firms

Treasury Secretary Janet Yellen chided China for “unfair” treatment of American and other foreign companies and said its factories risk producing more than the world can easily absorb, as she began a four-day visit to the country.

China has pursued “unfair economic practices, including imposing barriers to access for foreign firms and taking coercive actions against American companies,” Yellen said Friday in the southern city of Guangzhou. “I intend to raise these issues in meetings this week.”