Experience Stern | News & Events

Excerpt from South China Morning Post -- "Michael Spence, another Nobel laureate, said China was 'well on the way' to shifting to the growth pattern that would underpin its ­future prosperity. The 'unsettled' issue in policymaking was about state-owned enterprises, including state firms in the financial sector, he said. 'One thing China has been very good at is managing the process – making steady progress and not trying to do everything at once,' Spence said."

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