China Will Become a More “Normal” Economy
2013 will be remembered as the year China became a more “normal economy”. What does normality mean for China? Soon-to-depart Premier Wen Jiabao’s oft-cited quote that China’s growth is “unbalanced, unsustainable and uncoordinated” is a good place to start. China was an abnormal economy with its state-led capitalist approach that produced double-digit growth rates, no […]