The Struggle to reform China’s Economy

The struggle to reform China’s Economy

Mr Xi and the Chinese leaders promised a ‘great rejuvenation’ but as the effects of the Trade War kick in it’s time to consider de-regulation and less state control rather than further tightening the grip.

Economic growth may fall below 6%, and if China plans to grow beyond its 13% share of world exports then welcoming foreign business and opening up trading relationships would present a positive venture.

Regardless of the US sanctions, China has an opportunity to outline a new path before the 1st March negotiation deadlines. The Economist offers some thoughts on the way forward…

#China #TradeWar #Trade 

Australia China Business Council

Haymarket HQ

Australia-China Relations Institute, University of Technology Sydney

https://lnkd.in/fpfXSST

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