harry murphy cruise explains whether the new measures will be enough to kickstart the chinese economym the one where the headline is more exciting than the reality. most of china's manufacturing sector was already open to foreign ownership and foreign investment. the change we saw earlier this week only impacts the sliver of the manufacturing that still faces those barriers, that being printing production and traditional chinese medicine. not a massive change in the manufacturing front. the healthcare reforms certainly are more impactful and that has been a sector that has traditionally been insulated in china and the fact that we allow some privately owned hospitals to take form as well as investment into biotech is a much bigger advancement. there have been many restrictions on joint ventures. does this acknowledge it will be an easier business environment? i think it does and i think it reflects help poorly china's economy is going at the moment. the property market continues to go south and households are not spending and now we have the bright spot of the chinese economy being ma

economist harry murphy cruise explains whether the new measures can kick—start the sluggish chinese economye the headline is more exciting than the reality, most of china's and manufacturing sector with artie open to foreign ownership and foreign investment, what we saw earlier this week, it really only impacts a sliver of manufacturing that does have these kind of barriers, traditional chinese medicine, not a massive change on the manufacturing front, the health care reform certainly more impactful i think, that's been a sector that's traditionally been quite insulated in china, the fact we are allowing some privately owned hospitals to take form as well as investment into biotech is a much bigger advancement.— into biotech is a much bigger advancement. �* , , ., ., advancement. there's been a lot of restrictions _ advancement. there's been a lot of restrictions on _ advancement. there's been a lot of restrictions on joint _ of restrictions on joint ventures, is this of restrictions onjoint ventures, is this signalling it will be a easier business environment to fit in? there really reflec