A Chinese stock investor monitors stock prices at a brokerage house in Nantong on January 6. Photo: AP

China’s painful stock market lesson a golden opportunity to push reform

Beijing has no choice but to allow forces of free enterprise to play a greater role in the economy, but it will be a tough transition

Topic |   Yuan

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A Chinese stock investor monitors stock prices at a brokerage house in Nantong on January 6. Photo: AP
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