Pingfan Hong
Chief, UN Global Economic Monitoring Unit
Pingfan Hong is Chief of the Global Economic Monitoring Unit of the United Nations Department of Economic and Social Affairs.
Jun 01, 2013
China’s successful transformation from a middle-income country to a modern, high-income country will depend largely on the reforms that the government undertakes over the next decade. But, because the most pressing reform – interest-rate liberalization – carries both risks and rewards, officials should be prudent in their approach.