‘Two Sessions’ And Chinese Economy: Communication Gap And Middle Income Trap (Sumantra Maitra, Eurasia Review)

As analysts have predicted, the Two Sessions will focus and deliberate on the need of supply side reforms and structural changes facing China. This comes at an interesting time, when China’s growth concerns are under global spotlight. Chinese administration last year highlighted the fact that supply side reforms are the key to renew, consolidate and stabilize growth potentials with an array of measures which have plagued Chinese economy. The problems faced were reducing overcapacity, reducing a dependence on the export driven model, reducing costs and also destocking. It also underscored a need to identify growth areas.

http://www.eurasiareview.com/04032016-two-sessions-and-chinese-economy-communication-gap-and-middle-income-trap-oped/