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.
对于去年11月召开的中共18届三中全会，我们思考它的时间越长，就越会觉得它是一道分水岭。现在情况似乎越来越明朗：中共中央新任总书记习近平，正在30年前邓小平启动的改革基础上，推进大幅向前跨越的改革，而他正成功取得人们的支持。在新一届领导层谨慎平衡的言论中，政府和市场还在角逐首要地位，当习近平示意向左时，他的意思似乎是向右。
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