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Defiant Xi Says No One Can Dictate Reforms to China

  • President lays out continuation of economic policy agenda
  • Marks 40th anniversary of reform era in Beijing address
Bloomberg business news
China’s Xi discusses the challenges the economy faces and the government’s policies.(Source: Bloomberg)
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President Xi Jinping said China would stick to its policy agenda, despite pressure from the U.S. and others to allow more competition in its economic system and reduce support for state industry.

Xi told an audience of party officials, military leaders and entrepreneurs in a speech Tuesday that “no one is in the position to dictate to the Chinese people what should and should not be done.” The 80-minute address in Beijing was held to mark the 40th anniversary of the Reform and Opening Up campaign that unleashed the country’s economic boom under then leader Deng Xiaoping.