A prominent economist and former central bank adviser has urged Beijing to “learn from Hong Kong” to rectify its financial markets to prevent them endangering people’s livelihoods and hurting prospects for a consumption based economy. Li Daokui, now a Tsinghua University professor, urged the government to reform the stock market with the same commitment it had shown fighting “tigers and flies” in its anticorruption campaign. He was speaking at yesterday’s meeting of the Chinese People’s Political Consultative Conference...
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