November 8, 2012

China Must Reform and Open Up

Stephen Roach, New York Times

AP Photo

IN China, there is little debate these days over economic strategy. The Chinese have embraced the imperatives of a major rebalancing of their growth model — shifting away from the export- and investment-led strategy of the past 33 years and drawing increasing support from their 1.3 billion consumers.

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TAGGED: economy, China

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