China Will Combat The Crisis Through Euro Economic Reforms

Dr. Michael LaitmanOpinion (Chinese Premier Wen Jiabao): “Premier Wen Jiabao said his country needed ‘urgent’ economic and political reforms. Without them, it might face more tragedies like the Cultural Revolution.

“‘We must press ahead with both economic structural reform and political structural reform, in particular reform in the leadership system of our party and country,’ he said.

“He reiterates the need for price controls to avoid a real estate bubble and promises that the yuan will float more freely.”

My Comment: China has difficulties understanding how to unite with the world after millenia of isolation, and that is why integration with it will occur slowly and unwillingly, not due to awareness, but to forced conditions.

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