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Sunday, August 04, 2013
World Bank's Privatization Proposal Might be Blocked in China
ANBOUND

World Bank was invited to discuss China's reform program and proposed suggestions such as privatization of state-owned banks and changes of China's rural land system. Both of these two proposals are serious reforms which involve legalistic and ideological changes. Currently, China’s decision-making and public opinion environment are not ready for such issues. If they are put forward now, they might be held up in China’s decision-making process.

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