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China's reserve currency status is far from settled, as the costs of becoming a reserve currency may outweigh any potential benefits.
Vested interests have capped the growth of the private sector in China. The Chinese government needs to promote greater competition between the state-owned enterprise sector and the private sector.
China’s new leaders have an intellectual understanding of the challenges of economic reform, but changing the status quo will require real political will to overcome opposition from vested interests.
China's new political leadership knows that economic reform is necessary, but has difficulty gathering the political will to enact such reforms.
Pervasive corruption is causing increasing unrest in China, and while political transition has sparked hopes for reforms, vested interests pose a daunting challenging.
China needs a new economic growth model, with a different financial system, modified state sector, and the political reforms necessary to accommodate both.
As in the Cold War, so in the current power play between the United States and China; the rest of Asia will simply not submit itself to the discipline of a bipolar framework. Asia will actively shape and be shaped by the emerging strategic dynamic between Washington and Beijing.
Experts disagree how soon rising consumption can replace investment as an engine of economic growth in China, a question that will determine whether or not China undergoes a painful rebalancing.
As a new generation of leaders emerges at China's 18th Congress, they will need to figure out how to keep the world's second largest economy on track.
Growth forecasts based on China's current development model overstate future growth rates because they fail to account for structural shifts during the necessary rebalancing process.