The U.S. Treasury Secretary, Janet Yellen, has commenced her four-day visit to China, pledging to strengthen economic relations while cautioning against the global risks associated with China’s manufacturing overcapacity. What Happened: Yellen, during her meeting with Wang Weizhong, governor of Guangdong, an industrial hub, emphasized the significance of a “healthy economic relationship” and a “level playing field for American workers and firms”. She also underscored the need for open dialogue in areas of disagreement between the two nations, reported Bloomberg. “This includes the issue of Chi…