Analysis: New China leaders must steady economy before driving reform

China’s new leaders must stabilise the economy this year to keep employment high while avoiding a surge in housing prices and inflation that could undermine reforms needed to overhaul the country’s export-oriented growth model.

Without stability, incoming President Xi Jinping and Premier Li Keqiang, who are set to be confirmed in March, have no chance of delivering a slew of reforms they say are needed now to tackle a host of financial, industrial and income imbalances that threaten China’s future.

via Business feed http://www.scmp.com/news/china/article/1129221/analysis-new-china-leaders-must-steady-economy-driving-reform