Despite China’s vows, market-reform progress remains ‘stagnated’, report finds

501a57f7-5a9d-4645-869c-f205c9bb6f49_b55e81b9

China’s progress in implementing market reforms has become “stagnated” in key areas, including competitiveness and openness to investment, according to findings outlined in an updated assessment of China’s economic development.

Although the country’s progress has been “undeniable” by specific metrics, headwinds from the US-China trade war and fears over an exodus of foreign investment have dampened outlooks, according to the latest China Pathfinder report published by the Atlantic Council and Rhodium Group on Tuesday.