Reuters/Jason Lee - China's central bank governor Zhou Xiaochuan delivers a speech about "Sound Monetary Policy in the New Normal" at China Development Forum, in Beijing March 22, 2015.

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What do the China Development Forum, Lee Kuan Yew, and the World Bank have in common?

March 27, 2015, Homi Kharas

This week has seen the untimely passing of one of Asia’s and the world’s great statesmen, Lee Kuan Yew. One of his contributions was inspiring Deng Xiaoping to embark on economic reforms during the course of a visit by Lee to China in 1976. So it is fitting that during Lee Kuan Yew’s final days, China’s current president, Xi Jinping, was outlining the next set of reforms at the China Development Forum.

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