Economics
China's Tropical Talk-Fest Highlights Reform Pace Amid Trade War
- Li Keqiang expected to address Boao Forum for Asia this week
- Finance sector opening has started; other reforms coming slow
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The Boao Forum for Asia starting this week provides a yardstick to measure China’s progress in implementing President Xi Jinping’s promises to open the nation’s economy more to outsiders, at a time when that’s of critical importance in negotiations with the U.S.
Last year’s pledges to liberalize the financial sector are being carried out, similar measures are underway in the auto industry, and the nation has overhauled its foreign investment law amid intense criticism of its handling of intellectual property and business practices.