Yellen criticizes China’s stimulus for not fixing 2 shaky areas

U.S. Treasury Secretary Janet Yellen spoke on Tuesday at a press conference at the start of the International Monetary Fund and World Bank annual meetings in Washington. "Our view has been that raising consumer spending in China as a share of GDP (gross domestic product) is really important, along with measures to address problems in the property sector," "So far I would say I haven't really heard any policies on the Chinese side that address that."Yellen at the People's Bank of China earlier this year This article was written by Eamonn Sheridan at www.forexlive.com.