June 18, 2012

Chinese Reforms Stall

The New York Times reports. A sidelined reformer speaks:
His fate, he says, paralleled a growing belief within China’s leadership that it has little more to learn from the West, especially after the global financial crisis of 2008 and China’s success in riding it out. “We’re suddenly so important,” he says, with more than a touch of sarcasm in his voice. “Look at America. It has problems. We don’t have problems.”
Given the touchy nationalism of many Chinese, it is surprising, and arguably reassuring, to hear someone speak that candidly, even from the sidelines. (HT: Dinocrat.)

No comments: