Recommended article by Jianguang Shen: Reform-themed stimulus to accelerate

The attached report from Dr Shen is important as there has been some media coverage suggesting the problems may be slowing resolve to transition the economy to a market economy with state guidance, and based increasingly on domestic consumption. This analysis of the key Reform Commission suggests the opposite – acceleration of transition.  This is an important signal and the reason for the formation of this Commission – we are watching the world’s biggest economy change in front of our eyes. Can we see where it is headed?  I would recommend study of Adam Smith as he appears to influence their thinking.

– Stephen

Reform themed stimulus 140609

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