# Prof. Michael Spence on reform in China

1 Faculty News January 17, 2013 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/con_034412.gif?itok=MRidxYS3)>

Excerpt from [CNBC](http://video.cnbc.com/gallery/?video=3000142032&play=1) -- "The good news is that the leadership team appears committed to the systemic reforms that are required to get that done. We'll see."

[Watch the video ](http://video.cnbc.com/gallery/?video=3000142032&play=1)