By The Way: Headlines You May Have Missed the Week of 7/26 China's economic reforms have sent shockwaves through global markets as Beijing attempts to steer its economy away from decades long reliance on state owned enterprises.
At the heart of these changes is a shift in the balance between the private sector and Party controlled behemoths that have dominated China's economy since Deng Xiaoping's opening up policies.
The rebalancing act will reshape China's economic landscape, with far reaching implications for the global economy.