Now China has transformed its planned economy system into an initial socialist market economy system. As a result the regulatory function of the market has been strengthened tremendously.

On the other hand, countries with free-market economies tend to be free in other ways, too. Of course, when Bernie and his followers talk about socialism, they don’t really want to turn the U.S ...

The myth of socialist Sweden persists but in fact it has left many of the policies of the 70s and 80s behind and become one of the most market-oriented societies in the world ...

China will formulate or revise multiple laws to strengthen its legal framework for the development of the socialist market economy this year, a report said on Saturday.

Samarajiva praised China’s competitive spirit under its "socialist market economy," quoting Deng Xiaoping: “It is wrong to maintain that a market economy exists only in capitalist society ...