News from 2014-06-02 / KfW Research
Reforms in China: not only urgent in the country's own interests, but also beneficial to the rest of the world
China has developed at an astounding rate, but its system is not sustainable. The government has introduced a variety of restructuring measures. The rest of the world is demanding that China initiate reforms, but at the same time, it is also fearful of any setbacks. However, the foreign partners must recognise more clearly that the reform process will also open up new and attractive prospects for them.
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