Every 10 Years, China Flirts with 'Reform'

Every 10 Years, China Flirts with 'Reform'

Any political leader who had overseen the stunning economic growth of China over the past decade could be excused some boasting and perhaps a karaoke session singing I Did it My Way. Nothing like that for the outgoing Chinese premier, Wen Jiabao, who in a valedictory press conference this week confessed to being "incompetent" and admitted that his record left much room for improvement.

Amid the sackcloth and ashes of his three-hour session with journalists Mr Wen let slip a grim prediction. China must reform its political and economic system, he said, and if it does not, it could lose all the gains it has made and risk a "historic tragedy" on the scale of the Cultural Revolution.

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