The first policy blueprint from President Xi Jinping a year into his reign said market forces would play a “decisive” role in the economy, but also said the Communist Party’s hand needs to stay strong, contradictions that instead of giving a clear direction signaled a difficult road ahead for economic reforms.
A four-day session of top Communist officials had been touted for months as a make-or-break moment for reform, expected to produce a plan for how to revamp the Chinese economy so it depends more on domestic demand and less on exports abroad and heavy government spending back home.
Read Full Article HERE
Bob Davis, The Wall Street Journal via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/s1qtWOU7xUQ/
No comments:
Post a Comment