>"The country’s paramount leader is turning away from reforms that helped it grow and develop. That will have consequences beyond its borders."

>"The country’s paramount leader is turning away from reforms that helped it grow and develop. That will have consequences beyond its borders."

“For years, economists have been barking at Beijing that its economy’s growth would be healthier if it relied more on Chinese consumption than investment or exports. But this change may also mean China will engage in foreign trade and investment in ways that support this agenda. In other words, China will stay open for business—if that business helps protect its own interests.”