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Yellen urges China to shift from ‘unfair’ state-driven economic policy

US Treasury Secretary Janet Yellen told an event in Washington that an excessive role for China’s security apparatus can dissuade investment. (Photo: AFP)

WASHINGTON – United States Treasury Secretary Janet Yellen called Thursday for China to shift from a state-driven approach in economic policy, saying that this can discourage investors.

“Too strong a role for state-owned enterprises can choke growth and an excessive role for the security apparatus can dissuade…

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