The longer we have to reflect on it, the more last November’s Third Plenum of the Chinese Communist party emerges as a watershed. It seems increasingly clear that Xi Jinping, the new party chief, is managing to corral support behind a substantial leap forward from the reforms begun 30 years ago by Deng Xaoping. As state and market continue to jostle for pre-eminence in the leadership’s carefully balanced rhetoric, it would appear that when Mr Xi signals left, he means to turn right.
對于去年11月召開的中共18屆三中全會，我們思考它的時間越長，就越會覺得它是一道分水嶺。現在情況似乎越來越明朗：中共中央新任總書記習近平，正在30年前鄧小平啟動的改革基礎上，推進大幅向前跨越的改革，而他正成功取得人們的支持。在新一屆領導層謹慎平衡的言論中，政府和市場還在角逐首要地位，當習近平示意向左時，他的意思似乎是向右。
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