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In 2016, Xi Jinping was still promising the world that China was moving ahead with the structural reforms announced in 2013 - shifting from export-led

In 2016, Xi Jinping was still promising the world that China was moving ahead with the structural reforms announced in 2013 - shifting from export-led growth and investment to domestic consumption and a shift to services. But to outside observers, reforms seemed to have stopped after August 2015, when the exchange rate devalued, markets tanked, and dollars poured out of China by the billions. And now, growth was slowing even more. Could the Communist government restart reforms, of the state owned enterprises, cutting excess capacity, of asset and debt bubbles and of capital controls without re-starting global havoc? What are the obstacles, both domestic and international, to its near-term success

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