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Friday, 28 June 2013

China’s Leaders Talk Tough on Reform, but Action May Prove Tougher

China’s leaders are talking tough on much-needed reforms. Turning words into meaningful action, though, isn’t guaranteed.


The recent cash crunch signals Beijing is serious about restraining runaway credit growth. The government has also taken a strict line on stamping out corruption.


The latest tough-to-tackle area that officials are taking on: the hukou household-registration system, which restricts the access of migrant workers to social benefits like health care and unemployment insurance when they move around the country.


Read Full Article HERE






Abheek Bhattacharya, The Wall Street Journal via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/Itopl8HP7ig/

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