Loong on China: The real problem facing China is not growth but market reforms
As appeared in aljazeera.com
Pauline Loong also discussed China’s market reforms on Al-Jazeera’s Inside Story recently. She said that the real problem facing China is not growth as such but market reforms – and whether Chinese policymakers understand and accept that market forces do not behave in line with government goals. Until they face up to this dichotomy, there can be no genuine and lasting change in China’s economic structure.