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John McDonnell has defended his decision to quote Chairman Mao in his Spending Review response, and insisted that the stunt was a joke.

The shadow chancellor brandished a copy of the Chinese Communist leader's Little Red Book after claiming UK assets were being sold to the Chinese.

Times sketch-writer Patrick Kidd and Professor Rana Mitter from the China Centre at Oxford University joined Andrew Neil to discuss the incident.

Prof Mitter said Mao himself would not have approved of his words being used in a Commons debate.