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Submitted by Dr Leslie Taylor on

Manu is spot on! However, much of this is already well stated in the World Bank China 2030 report.
Whilst import of consumers goods will rise, the focus of policy will be on enhancing domestic production to meet growing consumption. China may want and need more foreign capital inflow as a means of capturing more advance technologies and efforts to boost the efficiency and competitiveness of the financial sector, but reforms of company law and the need for greater transparency and corporate governance is critical for greater market and investor confidence.
Foreign institutions are waiting for these to become central themes of the reforms focused on the enlargement of the private sector and the move to a more market driven economy.

Dr Leslie Taylor FRSA MCMI
China