Moody's Investors Service says that China's authorities have begun to prepare for a rebalancing of the economic roles of the public and private sectors, and which if successful would imply a fundamental realignment in the country's political economy over the next decade. In a special report, Moody's says that a new phase of structural policy reforms is coming into focus following the Chinese government's announcement of a new, lower annual GDP growth target of 7.5%. "The new target underscores the government's desire to engineer a soft landing, consistent with its long-term goal of seeking more balanced growth, ... (full story)