SUBSIM Radio Room Forums - View Single Post - Here it comes. The only question is how soon and how hard.

TarJak · 07-19-13, 06:33 PM

There's knowing about a problem and then there is doing something about it. There is little evidence that they even know what it is that they really have to do and shouting "rebalance" all the time is like screaming at a tidal wave to turn back.

http://www.chinaeconomicreview.com/r...P-spending-SOE

These articles from journalism a little closer to the source than NYT shows that there is growing concern within the pro-reform lobby in China that the government is not doing enough to move the services sector in particular along the path of reform. Of course they would say that because they are pro reform, but some of their points are valid.

The real test will come when they realise that their only option may be to release control of some of the State owned services to private ownership. (The one key economic move in the west that drove major services growth).

http://www.chinaeconomicreview.com/p...eform-capacity

07-19-13, 06:33 PM	#8
TarJak Fleet Admiral Join Date: Jul 2006 Location: Sydney, Australia Posts: 17,052 Downloads: 150 Uploads: 8	There's knowing about a problem and then there is doing something about it. There is little evidence that they even know what it is that they really have to do and shouting "rebalance" all the time is like screaming at a tidal wave to turn back. http://www.chinaeconomicreview.com/r...P-spending-SOE These articles from journalism a little closer to the source than NYT shows that there is growing concern within the pro-reform lobby in China that the government is not doing enough to move the services sector in particular along the path of reform. Of course they would say that because they are pro reform, but some of their points are valid. The real test will come when they realise that their only option may be to release control of some of the State owned services to private ownership. (The one key economic move in the west that drove major services growth). http://www.chinaeconomicreview.com/p...eform-capacity