Top Asian News 3:59 a.m. GMT

US Treasury Secretary Yellen, in China, calls for level-playing field for US workers and firms

GUANGZHOU, China (AP) — U.S. Treasury Secretary Janet Yellen called Friday for a level playing field for American companies and workers as she opened a five-day visit to China in a major industrial and export hub. Yellen told Wang Weizhong, the governor of Guangdong province, that it's important for the two sides to have open and direct communication on areas of disagreement. "This includes the issue of China’s industrial overcapacity, which the United States and other countries are concerned can cause global spillovers,” she said. Yellen, the first Cabinet-level official to visit China since President Joe Biden met Chinese leader Xi Jinping last November, has telegraphed that she will raise what the U.S.