onsdag 26. august 2015

Political Risks May Foil Economic Reform in China

The changes China needs today will require enriching — and empowering — its own citizens. Perhaps that’s why despite repeated pledges from top Chinese authorities to reform and “rebalance” its lopsided economy, not much has happened. As the I.M.F. report noted, in most areas China’s progress “has just succeeded in slowing the pace at which vulnerabilities rise.” Read more