BEIJING – China’s reform program has reached an impasse, with fundamental conflicts of interest and subtle resistance mechanisms blocking progress. Until these barriers are removed, there is little hope that China’s slowing economy – which grew by 7.4% in 2014, its lowest rate in nearly a quarter-century – can rely on reform to give it the push it needs.
北京—中国的改革走入了死胡同，根本利益的冲突和微妙的阻力机制阻碍了进步。在这些障碍被排除前，陷入减速的中国经济——2014年增长率为7.4%，是近四分之一世纪以来的最低值——几乎没有希望依靠改革给自己带来需要的推力。