Opinion: Loose monetary policy and stalled restructuring of state enterprises indicate Xi Jinping has changed course on reformist stance of 3 years ago
It is possible "that reform under the party has reached its natural limit, because the system as it is — half-reformed — remains crucial to support the party’s own apparatuses," writes Rowan Calico. "Xi may have already come to terms with the fact that these are the cards he has to play with, and is shuffling them around as best he can, ensuring others can’t see his hand."
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Mar 24, 2017