American Economist Recruited by China
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<i> Reuters</i>
BEIJING — China has recruited a Nobel prize-winning economist from the United States to help pilot the nation’s economic reforms, the official People’s Daily reported today.
Lawrence Klein, an authority on analysis of economic data who won the 1980 Nobel for economics, was guest of honor at a ceremony Monday held by the State Planning Commission, a government arm that overseas economic planning.
China is forging ahead with sweeping reforms that are rapidly dismantling Marxist state planning in favor of a market economy.
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