Song Hongbing says China should push currency integration across Asia, learning from Germany, which gave up the deutschmark but got control of Europe and the euro.
Despite the many advantages and the perceived strength of China's large SOE, many companies are likely to experience difficulties over the coming months.
While a company can't issue bonds without providing clear and comprehensive accounts, China's local governments can, despite their mysterious budgets and balance sheets.
As developers shun subsidized housing projects and analysts question 2011's construction statistics, can we really pin growth hopes on the 36 million new homes?
Shanghai will launch a pilot tax reform project from Jan 1 next year that will start the city down the path of replacing corporate income tax or turnover tax with value added tax (VAT).
