Reforms face pain test

The International Monetary Fund did Beijing a great service by using its annual Article IV consultations with the mainland this month to call clearly for swift, significant, systemic and specific structural economic reforms.

Behind the measured bureaucratic prose of the report was a clear message that the mainland's current economic model is unsustainable and that time is running out.

via Business feed http://www.scmp.com/business/economy/article/1289403/reforms-face-pain-test