NPR Story
Originally published on Mon February 27, 2012 4:37 am
By editor
Transcript
STEVE INSKEEP, HOST:
Let's try to get a glimpse of the future here. No country has grown so quickly for so long as China. But a report out today from the World Bank - and a Chinese government think tank - says China must change the way it runs its economy or risk a financial crisis in the future.
NPR's Frank Langfitt reports from Shanghai.
FRANK LANGFITT, BYLINE: China built itself into the world's second-largest economy by allowing market competition, but still funding and favoring its state-owned companies.
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