November 30, 2008
Hu Says Faster Reform Needed
In Beijing the Political Bureau of the Communist Party of China (CPC) Central Committee met this weekend and President Hu Jintao made a headline statement about China losing its economic competitiveness if it doesn't continue to evolve. The meeting has particular significance since it falls on the 30th anniversary of the start of Deng Xiaoping's "opening up" reform movement of 1978. The era since that time was nicely encapsulated by the Swedish Ambassador to China in a talk in Stockholm today.
Hu's words and other official and quasi-official statements about the need to hasten change in China's domestic policies seem to point to full implementation of the land reform promised at October's party meeting. This is a trend worth watching...
Labels: china property, hu jintao, land reform, panic of 2008
# posted by Sinomania! : 11/30/2008 10:20:00 PM
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