The Trader 

Market Outlook: Xi commemorates 40 years

The Trader

‘’No one is in a position to dictate to the Chinese people what should or should not be done’’, said one little part of the official translation from Mandarin of President Xi’s broadcast speech which lasted an hour and a half. Commemorating Deng Xiaoping’s decision to restructure the economy in 1978, I remember the day the very first Chinese students started at my university wearing their Mao suits. Xi continued, ’’we will resolutely reform what should be reformed, and make no change where there should and cannot be any reform’’.

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