Analysis: As China’s economic pain increases, so does reform effort

by admin on July 14, 2013

By Kevin Yao BEIJING (Reuters) – China’s reform-minded leaders are more willing than ever to raise the pain threshold for the economy to push through long-term reforms, despite a protracted slowdown that has sparked calls for looser monetary policy. Grim trade data for June last week fanned market talk of fresh steps to support an economy heading for its weakest growth this year in more than two …

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