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China’s Mixed Results on Economic Reforms

Analysts in China say the country's ongoing efforts at economic reform are facing rare resistance from Communist leaders in Chinese provinces, state-owned enterprises (SOEs), retired party leaders who still enjoy clout and sections of the military, the single biggest buyer of goods and services. Leaders are trying to slowly transform the economy from an export-oriented powerhouse to one that relies more on domestic consumption to fuel growth. But the transformation means that many...

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