China Reforms

According to Reuters, the Communist Party had just announced an all important list of reforms such as:

• Accelerate capital account convertibility.
• Scrap residency restrictions in small cities and townships.
• Integrate urban and rural social security systems.
• Push forward an environmental tax.
• Ease family planning policies.
• Abolish a controversial labor camp system.

The world changes and so will giant China. Hopefully, for the better!