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| Screenshot The Atlantic |
Four days ago, the American magazine The Atlantic had a thought-provoking article about the economic, political and social pitfalls of China's breathtaking urbanization rates.
The Atlantic, by the way, is a wonderful news site providing informed analyses of the latest political, cultural and social developments around the globe. Its new China section is always worth a try if you are interested in all things Chinese. And its authors and correspondents (especially former Beijing bureau chief James Fallows) are well-informed and non-biased.
Schiavenza concludes his article:
'Will these moves work? This is the big question in China, and given how quickly things change in the country it'd be foolish making a prediction one way or another. But Li's apparent refusal of the NDRC urbanization proposal at least signals Beijing's unwillingness to plow forward with its usual spending binge and brings hope that the Xi Jinping administration may be more willing than its predecessor to launch needed reforms.'
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