Beijing needs to eliminate the legacies of the restrictive planned economy, allowing a more market-driven allocation of land, money and labour.
How China can achieve its next wave of economic growth
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SCMP
South China Morning Post (SCMP) is a Chinese English-language newspaper and digital news media outlet founded in 1903, and owned by Alibaba Group. It covers breaking news from China, news updates from Asia, as well as international stories making headlines.