China Gives ‘Three Fires’ Li Chance to Rekindle Economic Reform

China Gives ‘Three Fires’ Li Chance to Rekindle Economic Reform

Tomohiro Ohsumi/Bloomberg

Li’s idea is that, as people shift from farms to cities, their wages and consumption will rise, helping reduce the nation’s reliance on investment, said Shen Minggao, an economist at Citigroup Inc. in Hong Kong.