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Yellen warns vs underpriced Chinese goods

BEIJING: The United States 'will not accept' a situation where underpriced Chinese goods flood the global market, battering industries elsewhere, US Treasury Secretary Janet Yellen said Monday as she wrapped up high-level talks in China.

Yellen has repeatedly warned about the risks of China's excess industrial capacity during four days of meetings with officials and business leaders in the southern city of Guangzhou and capital Beijing.