China's red-tape problem may be tougher than Xi

This piece tackles the important issue of whether or not China's planned major reform of its government structure will have positive implications for foreign businesses. It argues that there are logical, factual, and historical reasons to be cautious such as the fact that fewer government ministries do not necessarily mean there will be agencies that are friendlier to foreign companies. The piece originally appeared as "China's red-tape problem may be tougher than Xi," Nikkei Asian Review, May 25, 2018, https://asia.nikkei.com/Opinion/China-s-red-tape-problem-may-be-tougher-.... Copyright remains with the original holder.