[Abel-tasman] Santa Claus Letters
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Wed Dec 11 23:33:55 CET 2013
Custom Letter From Santa For Your Child
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BEIJING China's leaders have promised to open its markets wider to
private and foreign competitors in a sweeping reform plan aimed at rejuvenating
a slowing, state-dominated economy.The pledges come in a report issued Friday
that is meant to serve as a blueprint for economic development in
the coming decade. It was issued following a closely watched Communist Party
conference that ended this week.Chinese leaders are under pressure to replace
a tapped-out growth model based on exports and investment.The ruling party
pledged in Friday's report to allow the creation of privately owned banks
and to allow the market to allocate resources moves that
will help more efficient private companies.As for foreign companies, the
plan pledges to ease limits on foreign investment in e-commerce and other
industries.
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