U.S., China to launch exchanges on balanced growth, money laundering, Yellen says

Yellen is expected to speak with reporters later on Saturday.

I'm interested in hearing if Yellen will ask the Chinese whether the Chinese citizens trying to enter the US illegally and legally are CCP sponsored, or if they're just individuals fleeing an oppressive regime and looking for a better quality of life.

Stop Investment In China To Make Asia Peaceful Bt Americans Will Bcom Poorer Without China A Sad Reality Bt Us N China Becoming Poor Together Might Make World A Much Better Place

U.S. Treasury Secretary Janet Yellen is undertaking a classic fools errand.

Citing China's overproduction of electric vehicles, solar panels, semiconductors and other goods that are flooding into global markets in the face of a demand slump in China's domestic market, Yellen said this was not healthy for China and was hurting producers in other countries.

"Talking up 'Chinese overcapacity' in the clean energy sector also smacks of creating a pretext for rolling out more protectionist policies to shield U.S. companies," Xinhua said.

"After all, it is now known by the world that Washington will not hesitate to show its protectionist teeth under the guise of national security in areas where its supremacy is challenged."

The Government of China has little, no respect for of any western style global rules based trading laws.

It will simple dump onto markets, and undermine, ignore globally agreed trading practices.

Janet needs to bring up the massive counterfeit production industry in China. IP theft is rampant.

As the first amongst equals of the expanding BBYB coalition (black, brown, yellow, beige is a more accurate name than the legacy BRICS) China is trying to get the US (the head of the White Bloc Axis) to act civilized as the world shifts away from it.

It may be futile, but China does have a history of finding a way to manage to either bring robber barons/warlords/bandit bands into a civilized society with minimal disruption to the civilized society, or push them into collapse, so they might be able to pull it off.

Breaking News, China, the factory of the world built with the help of international investments has too many factories!

The funny thing is the USA had no problem with China 20 years ago when it was making cheap products one would find at WalMart.

Yellen told U.S. businesspeople in China's southern export hub of Guangzhou on Friday that concerns are growing over the global economic fallout from China's excess manufacturing capacity, making the issue the focus of her four days of meetings with Chinese officials.

deanzaZZRToday 01:41 am JST

Breaking News, China, the factory of the world built with the help of international investments has too many factories!

The funny thing is the USA had no problem with China 20 years ago when it was making cheap products one would find at WalMart.

Yeah, surprise, surprise, people like tat and stuff that helps them extend their budget. It is up to politicians to recognize national security threats.

RichardPearceToday 01:29 am JST

As the first amongst equals of the expanding BBYB coalition (black, brown, yellow, beige is a more accurate name than the legacy BRICS) China is trying to get the US (the head of the White Bloc Axis) to act civilized as the world shifts away from it.

So Japan and SK are not welcome in your rainbow coalition because they are allied with the white devils, huh?

It may be futile, but China does have a history of finding a way to manage to either bring robber barons/warlords/bandit bands into a civilized society with minimal disruption to the civilized society, or push them into collapse, so they might be able to pull it off.

Yeah, or they conquered by the barbarians. One or the other.

A dog barking don't bother a Tiger..

Nothing can stop China's way to be the next first economic power in the world..

21st century will bw China's century..

The US government control about 80 percents of money in the US , even money you have in the bank is control by the government, treating depositers like you have to get an allowance from the government and how you spend your money is their business 50 billion dollars in transaction are done in America daily,the money just recycled into other people hands daily

TokyoLivingToday 01:59 am JST

A dog barking don't bother a Tiger..

Tiger (actually running dog) listening pretty attentively.

Nothing can stop China's way to be the next first economic power in the world..

And India soon to overtake it.

21st century will bw China's century..

Only theirs to mess up if they do something stupid like start a world war.

As the first amongst equals of the expanding BBYB coalition (black, brown, yellow, beige is a more accurate name than the legacy BRICS)

I would suggest 'NIT', but that has already been taken.

https://en.wikipedia.org/wiki/National_Invitation_Tournament

Reputation[edit]

The status of the post-season National Invitation Tournament as a "consolation" fixture has led to something of a stigma in the minds of many fans. When teams with tenuous hopes of an NCAA Tournament berth lose away from home late in the season, opposing fans may taunt the players in the closing seconds with chants of "NIT! NIT!" This is done regardless of whether the home team is headed for the NCAA Tournament or not. Irv Moss, a journalist for the Denver Post, once wrote of such a taunt to a defeated team, "The three-letter word ... was far more cutting than any four-letter word they could have hollered."[44]

Because the post-season NIT consists of teams that failed to receive a berth in the NCAA Tournament, the NIT has been nicknamed the "Not Invited Tournament", "Not Important Tournament", "Never Important Tournament", "Nobody's Interested Tournament", "Needs Improvement Tournament", "No Important Team", "National Insignificant Tournament," or simply "Not In Tournament".[1] It has also been called a tournament to see who the "69th best team" in the country is (since there are now 68 teams in the NCAA Tournament).

The funny thing is the USA had no problem with China 20 years ago when it was making cheap products one would find at WalMart.

They weren't trying to act like a regional hegemon until about that time, maybe a little earlier.

The hope on all sides was that the PRC, with increased relations with the West, would turn into a Japan, ROK, or Germany, but we were wrong. Shoulda never gave them commies money, lol.

21st century will bw China's century..

Not looking that way. 21st century still belongs to the West. Maybe the 22nd century will be an Indian and/or an African one, but predictions that far out are hard and none of us here will see it.

The US government control about 80 percents of money in the US , even money you have in the bank is control by the government, treating depositers like you have to get an allowance from the government and how you spend your money is their business 50 billion dollars in transaction are done in America daily,the money just recycled into other people hands daily

Are you sure that isn't your caretaker? Because it sounds like you may have a caretaker.

The government got 13 trillion dollars in bank liguidity in bank deposit,bank only have 3 trillion in luguidity cash for deposit,the FDIC do not have enough money for a bank run,so you think your money safe you wrong ,I got liquid cash on i.have liquid cash under my bed to tide me over ,Incase of banking system collapse

deanzaZZRToday  01:41 am JST

The funny thing is the USA had no problem with China 20 years ago when it was making cheap products one would find at WalMart.

What exactly is funny about a dictatorship that lied to the entire world about a "Peaceful Rise"?

There is still hope for peace.