ASSESSMENTS
The Chinese Leadership's Reform Strategy Comes With a Risk
Mar 14, 2018 | 17:00 GMT
(LINTAO ZHANG/Pool/Getty Images)
Highlights
- The next few years will determine whether China's leaders have the commitment and ability to adapt to economic changes and follow through with necessary reforms.
- Chinese President Xi Jinping will need to retain a firm grip on power while at the same time meeting the rising expectations that come with that level of authority.
- Beijing aims to reshape local governments' behavior and lower its growth target, paving the way for more sustainable economic growth.
- Trade pressure from the United States and a slowing economy will test Beijing's resolve as it strives to restructure its economy, challenging its deleveraging campaign and its attempts at enforcing environmental reforms.
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