Sluggish China looks to Reagan, Thatcher for growth solutions
Xi is calling his next big economic initiative 'supply-side structural reform'
Beijing
WITH the world looking to China for assurance that it can manage its slowing economy and tumultuous stock market, President Xi Jinping has begun pushing a remedy that sounds less like Marx and Mao than Reagan and Thatcher.
Mr Xi is calling his next big economic initiative "supply-side structural reform", a deliberate echo of the nostrums of tax cuts and deregulation advocated by those conservative Western leaders in the 1980s.
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