China's overcapacity results from state interference in markets, say analysts
Voice of America
FILE - A worker produces solar photovoltaic modules used for solar panels at a factory in Suqian in China's eastern Jiangsu province, May 9, 2023. A worker checks solar photovoltaic modules used for solar panels at a factory in Suqian in China's eastern Jiangsu province, May 9, 2023.
U.S. Treasury Secretary Janet Yellen is on a five-day visit to China, where she expressed concern to Chinese officials Friday about state subsidies that fuel manufacturing overcapacity in industries such as electric vehicles, solar panels and semiconductors.
FILE - An aerial views shows a forest fire on a mountain in Ofunato, Iwate Prefecture, northeastern Japan, February 28, 2025, in this photo taken by Kyodo. Mandatory credit Kyodo/via REUTERS
FILE - Houses destroyed in previous Israeli strikes lie in ruin, in Khan Younis in the southern Gaza Strip, Jan. 16, 2025.
A handout photo taken released on March 2, 2025, by the Australian Department of Defence shows an image taken in the Coral Sea from a Royal Australian Air Force aircraft as it flies above the vessel of Aurimas Mockus from Lithuania.
FILE - A hangar can be seen behind barbed wire fencing at Bagram Air Base after the U.S. military left the facility, in Parwan province, north of Kabul, Afghanistan, July 5, 2021. Taliban spokesperson Zabihullah Mujahid speaking on state-run Afghan broadcaster. (VOA screen shot) FILE - UH-60 Black Hawk helicopters fly during a military parade to mark the third anniversary of the withdrawal of U.S.-led troops from Afghanistan, in Bagram Air Base in the Parwan Province of Afghanistan, Aug. 14, 2024.
Ukraine's President Volodymyr Zelenskyy, Britain's Prime Minister Keir Starmer and France's President Emmanuel Macron hold a meeting during a summit at Lancaster House in central London, March 2, 2025. France's President Emmanuel Macron, Britain's Prime Minister Keir Starmer and Ukraine's President Volodymyr Zelenskyy prepare to hold a plenary meeting at a summit held at Lancaster House in central London on March 2, 2025. U.S. President Donald Trump and Ukraine's President Volodymyr Zelenskyy meet in the Oval Office of the White House in Washington, Feb. 28, 2025.
Iranian Finance Minister Abdolnasser Hemmati speaks during an open session of parliament for his impeachment, in Tehran, March 2, 2025. Iranian parliament holds an impeachment hearing of the the Finance Minister Abdolnasser Hemmati, in Tehran, March 2, 2025.
FILE - In this photo provided by the US Navy, the aircraft carrier USS Carl Vinson participates in a group sail during the Rim of the Pacific exercise off the coast of Hawaii, July 26, 2018.
A health worker prepares to administer a vial of a vaccine against the Sudan strain of Ebola, during a trial at Mulago Referral Hospital in Kampala, Uganda, Feb. 3, 2025.
Uzbek President Shavkat Mirziyoyev, left, and Tajik President Emomali Rahmon pose after signing documents in Dushanbe, Tajikistan, on April 18, 2024. Tajikistan has been under one man's rule for over 30 years. The last time the leader changed in Uzbekistan was in 2016.
Nuns pose for a photo in rain ahead of a prayer service in St. Peter's Square, as Pope Francis continues his hospitalization, at the Vatican, March 1, 2025.
Ghana's first-ever female world boxing champion, Abigail Kwartekaa Quartey, poses for a photo after a morning training session on the beach in the Jamestown district of Accra, Ghana, Jan 22, 2025. Abigail Kwartekaa Quartey, 28, shows a photo of her match against Sangeeta Birdie from Britain, which earned her the world title and made her Ghana's first-ever female world boxing champion in Jamestown, Accra, Ghana, Jan 23, 2025.
Secretary Juan Ramon de la Fuente at the State Department in Washington, Feb. 27, 2025.