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13:13, 30-May-2019
Liu Xin: Notion of 'state-controlled' economy not true about China
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CGTN anchor Liu Xin said, "socialism with Chinese characteristics" describes China's economic structure, "where market forces are expected to play the dominating or deciding role in the allocation of resources." Liu was answering a question about how she defines "state capitalism" during a live television discussion with Fox Business Network host Trish Regan on China-U.S. trade issues on May 29.