World Bank to China: Free up your economy or bust

By Annalyn Censky @CNNMoney February 26, 2012
http://money.cnn.com/2012/02/26/news/economy/china_world_bank/

NEW YORK (CNNMoney) -- The World Bank and a Chinese think tank will have a stern warning in store for China's government on Monday: Transition to a freer commercial system, or else face an impending economic crisis.
As first reported by the Wall Street Journal, the "China 2030" report recommends China enact reforms promoting a freer econom. Those reforms include a major overhaul turning China's powerful state-owned companies into commercial enterprises.
The World Bank confirmed it will release the report Monday in Beijing.