Caixin
Jul 01, 2013 06:14 PM

Standing at the Crossroads

Not long ago, I raised the question of why, 35 years after China began to open up its political and economic system, the task of reform seems harder than ever. Why, in other words, is it so difficult to change a system? Wouldn't it be better to just proclaim that China has built a new system so reform is no longer needed?

After much deliberation, the answer is a clear 'no', because without true reform, even bigger trouble will be waiting.

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