According to a report by Blackrock published on Feb 4, 2019, China is currently undergoing 22 structural reforms in the following sectors: Government, Financial. Corporate and Household.
China is known to backtrack on some of its reforms. The attitude China takes is that being brave on embarking reforms would necessarily entail the need to backtrack on some of them, if any of the reforms proves to be not workable given the constant state of flux of the economic and social factors. This pragmatism of China is what investors need to be mindful of when investing in China.
Despite such backtracking in the past China has done extremely well. Given their past history, we can expect China to backtrack on some of their reforms in the future and still continue to do well despite it.
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