China has achieved much since 1978, when Deng Xiaoping initiated the transition to a market economy. In terms of headline economic progress, the pace of China's transformation over the past 40 years is unprecedented. The country's GDP grew by nearly 10 percent per year on average, while reshaping...
BY GORDON WATTS
Dealing with the aftershocks of becoming an industrial power, such as pollution, overproduction and rural rejuvenation, will take careful handling
BY DAVID P. GOLDMAN
Acknowledgement of yuan’s growing role just the beginning, says ECB’s Coeure