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Monday, May 27, 2024

China’s Dead-End Economy Is Bad News for Everyone (updated)

China’s Dead-End Economy Is Bad News for Everyone

On separate visits to Beijing last month, Secretary of State Antony Blinken and Treasury Secretary Janet Yellen bore a common message: Chinese manufacturing overcapacity is flooding global markets with cheap Chinese exports, distorting world trade and leaving American businesses and workers struggling to compete.

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