Yellen Raises Overproduction Concerns on China Visit As Manufacturers Grapple With Economic Transition

Chinese manufacturers are producing excess supply of certain goods like solar panels, leading to global price crashes.

US Treasury Secretary Janet Yellen raised concerns during her China visit about overproduction capacity exceeding domestic and global demand.

China's painful economic transition is driving increased production in sectors like green tech to compensate for drops in manufacturing and real estate.

There are worries that money-losing Chinese firms will have to unload excess production onto global markets.

The EU and Thailand are taking trade measures to protect domestic manufacturing from Chinese oversupply.