China: no great leap forward

China-watchers were left disappointed after the leadership failed to make plans to liberalise the economy.

China's Third Plenum, a four-day gathering designed to chart China's direction for the next decade, ended this week. A similar meeting in 1978 set China on the path towards the free market.

This time observers were hoping for a clear sign of the extent to which China intends to liberalise its economy now that the new Communist Party leaders are stamping their authority on the government. They didn't get one.

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