吴敬琏警告中国面临艰难的一年

choi

Michael Forsythe, 吴敬琏警告中国面临艰难的一年. 纽约时报中文网, Feb 12, 2014
cn.nytimes.com/china/20140212/c12economist/

, which is translated from


Michael Forsythe, A Leading Chinese Economist Warns of a Difficult Year and ‘Dead’ Companies. New York Times, Feb 12, 2014 (blog).
sinosphere.blogs.nytimes.com/2014/02/11/a-leading-chinese-economist-warns-of-a-difficult-year-and-dead-companies

Quote:

Wu Jinglian "told fellow economists at a forum in Beijing on Monday [Feb 10, 2014] that the government had to deal with the rise of 'dead companies'’ – state-owned enterprises with high debt levels that depended on subsidies to survive. * * * His comments, summarized in the China Securities Journal 中国证券报

"Mr Wu laments what he views as a lost decade for reform under former President Hu Jintao and former Prime Minister Wen Jiabao

My comment:
(a) The translation was not poorly made. I read the first several paragraphs, and did not understand what it said. So I turned to the English original.
(b) I do not read the summary in China Securities Journal, but consider Mr Wu's diagnosis or prescription lame.