>>> Former PBOC advisor Li Daokui: China to struggle to maintain GDP growth at 7

Former PBOC advisor Li Daokui: China to struggle to maintain GDP growth at 7.5% unless reforms are properly implemented - Davos

- Growth could approach 8% if reforms are implemented properly
- Shadow banking is not a major risk
- CNY currency (yuan) is far from undermining the USD role as a reserve currenc