New type of bureaucrat needed for a new task
Why must China always have others guess about its next move? Why are there doubts in the global business media about China's chances of making a successful transition in its economic model, as its leaders have famously pronounced?
One reason is that onlookers all expect instant results. But in a big country's major undertakings, no result can be had so soon.
As recent developments in China have revealed, the transition of an economy won't pass its point of no return until the country has welcomed an entire new generation of economic officials. It wouldn't be a transition in just economic significance.
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