China has already reaped all the easy growth that comes with starting from a low base, and now it needs to, among other things, encourage consumption, allow the renminbi to float, flatten the social structure, promote democratization, remove restrictions on labor, adopt the ruleoflaw, and strengthen the social safety net.
The delegation included experts on labor rights and economic development, ruleoflaw and political reform, ethnic conflict and reconciliation, land-mine removal, and criminal justice.
Argentina has never been able to shake peronismo, which replaced the ruleoflaw with governance by a troika of big labor, domestic producers and a corrupt political class.