Tuesday, November 27, 2012

Winds of change 'to blow through' China's economy





Despite perceptions that China's new leadership under Xi Jinping will be conservative, some analysts believe Xi's administration-in-waiting seriously intends to undertake economic reforms.


Laura Cha Shih May-leung, a Hong Kong deputy to the National People's Congress, is one of those believers.


Cha, a former vice-chairman of the international advisory council of the China Securities Regulatory Commission, said the new leaders in Beijing would reform the mainland's financial markets in the next five years.









via Business feed http://www.scmp.com/business/economy/article/1091489/winds-change-blow-through-chinas-economy

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