Should Beijing lead market reform or step aside?

Giving markets a decisive role in the Chinese economy is not a simple matter of the government abdicating its role, say economists.
Transitioning China to a consumer economy requires the right kind of government action
Transitioning China to a consumer economy requires the right kind of government action
October 23, 2015

China’s transition out of its current investment-led growth model will require a mix of state leadership and state retreat – but probably in opposite doses to what’s actually happening.

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