A worker wearing protective glasses welds steel products at a factory in Luoyang, Henan province. Photo: Reuters
Delay in China’s market reform is causing pain for the global economy
Rob Edens says without an honest effort to allow market forces to work in its domestic economy, Beijing’s bid to rebalance itself – such as by trying to achieve market economy status – simply worsens problems
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China economy
A worker wearing protective glasses welds steel products at a factory in Luoyang, Henan province. Photo: Reuters