> US 'will not accept' flood of below-cost Chinese goods: Yellen / 34NU4VT
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US 'will not accept' flood of below-cost Chinese goods: Yellen / 34NU4VT
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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 on Monday as she wrapped up high-level talks in China.
This was the situation over a decade ago when Chinese government support led to a surge in steel exports, she told reporters, adding: "I know that these serious concerns are shared by our allies and partners." SOUNDBITE