Schroders Forum - Reform or Stagnate: decision time in China
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AEI Resident Scholar Derek Scissors argues that the most likely economic outcome for China is stagnation, and the process has already begun. High debt, an aging population, and natural resource constraints can be overcome, but only with powerful pro-market reforms that are not yet in place. Nonetheless, China's size and even some of its problems offer some very appealing opportunities.
Schroders Forum - Decision time in China