From VOA Learning English, this is the Economics Report.
This has been a year of change in China. The Chinese economy is slowing down. And many citizens are calling for social and economic reforms. For the past 30 years, economic growth in China has lifted millions of people out of poverty. The country is now a world power, second only to the United States. But its growth has slowed, and social problems are increasing. Many people now agree that China must change the economic model it has used since the 1980s.
David Kelly works in Beijing for the group China Policy. He says one problem facing China is its state-owned businesses. They are politically powerful. But, they are also blamed as a source of corruption.