OPINION

Rebalancing China is possible, but at what cost?

News, Sutapa Amornvivat, Published on 19/02/2014

» In November, China’s new leaders spelled out the reform agenda, which is a key product of the so-called Third Plenum. The stated reforms are extensive, comprising some 21,500 words; the objective is to put China in the A-league. Specifically, China aims to double its GDP per capita by 2020 — securing its status as the world’s largest economy, just before the 100th anniversary of the Chinese Communist Party in 2021.