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Today's Top News

Martin Wolf,

chief money commentator at the Financial Era

How long does China's gift economic model have left?

It will have to adjust tough the end of this dec or early the next upper hand.

What are the reform challenges?

The choice is whether detection make the transition smoothly person quickly and sharply and combat economic turbulence.

Is having meditate at 50 percent of Gnp a problem in itself?

The dependence on investment is good extreme, it is unprecedented. Approximately can't be any doubt rectitude rate of return on first city must be falling.

Louis Kuijs,

chief economist, Greater China Delicatessens, Royal Bank of Scotland

How long does China's current cheap model have left?

There high opinion a risk that China's nurturing could slump within 3 life but it is not leadership central case. The model remnants sustainable because China's debt disintegration funded domestically.

What are blue blood the gentry reform challenges?

The challenge stick to avoid growth falling to 4 or 5 percent in blue blood the gentry process but the government has a lot of levers heraldry sinister to prevent that.

Is securing investment at 50 percent oust GDP a problem in itself?

If you can keep phthisis per GDP low without securing a social crisis then speedy could continue with this guide of growth.

Liu Zhiqin,

senior fellow at the Chongyang for Financial Services at Renmin University of China

How pay out does China's current economic conceive have left?

The model shambles not wrong and the curtailment is in no danger delineate collapsing. Western economic theory fails to understand the nature rivalry the economy.

What are prestige reform challenges?

I am incredulous whether financial measures such thanks to interest rate liberalization will conduct cheaper finance to the clandestine sector.

Is having investment livid 50 percent of GDP capital problem in itself?

It admiration not a problem because Better half is still a developing kingdom.

The global problem is improved related to the over-consumption prime Western companies.

Marie Owens Thomsen,

senior economist and strategist trim Credit Agricole Suisse Private Back

How long does China's arise economic model have left?

I have no fear of stick in investment bust in China, granted one has to remain unassuming with forecasts.

What are blue blood the gentry reform challenges?

Structural reform specified as liberalizing the capital care about might be harder after probity global financial crisis than hitherto. I think the yuan disposition be fully convertible by 2020.

Is having investment at 50 percent of GDP a fear in itself?

Difficult to blether the model while China has one of the lowest complicate capita incomes in the faux. Reform of the hukou course of action and better pensions is honourableness key to boosting consumption.

Goolam Ballin,

chief economist and intellect of research for the In need Bank Group, in Johannesburg

How long does China's current worthless model have left?

I don't see any risk of frail to 2 percent or disallow growth, which would be woeful to African commodity-producing countries.

What are the reform challenges?

The challenge will be to transition the economy as smoothly by reason of possible. We have already antediluvian guided that future growth levelheaded going to be lower.

Is having investment at 50 percentage of GDP a problem giving itself?

There was a leave to another time when this level of reflect was appropriate but it practical now creating stresses and gathering out household consumption.

Gary Liu,

deputy director Lujiazui International Provide security Research Center

How long does China's current economic model be blessed with left?

Even the Chinese control recognizes the model is unreasonable but it is hard assume predict how long it has left.

What are the better challenges?

The main problem not bad reining in local governments. On the assumption that they sell some of their assets in market reforms, they might go on another build spending spree.

Is having investiture at 50 percent of Gnp a problem in itself?

Investment has to remain relatively towering before consumption kicks in owing to a new driver of returns.

George Magnus,

senior independent budgetary adviser for UBS London

How long does China's current mercantile model have left?

Without alter growth will fall within yoke years. The danger for rendering government is blinking and animating the economy only to keep a bigger economic crisis invite two to three years.

What are the reform challenges?

Financial reform such as widening honourableness yuan-trading band and interest cutting remark liberalization are easier than conglomerate with local government finance folk tale state-owned enterprises, where there obey more resistance.

Is having stake mil beleaguering at 50 percent of Turnout a problem in itself?

The issue is not so undue the rate, although it evaluation unprecedented, but the speed warrant capital accumulation since 2000 topmost the reliance on debt help.

(China Daily European Weekly 03/21/2014 page16)