# Prof. Michael Spence is interviewed on China's economic future

1 Faculty News May 6, 2014 ![South China Morning Post logo](/sites/default/files/styles/246w/public/assets/images/con_047736.jpg?itok=PvgrmXzZ)>

Excerpt from [South China Morning Post](http://www.scmp.com/business/economy/article/1505357/reform-not-growth-key-chinas-future-says-nobel-laureate-michael) -- "'When I look at China, to the extent that the data permits it, I look at the shifting structure of the economy and to the extent that one can do this from a distance sometimes, to look at the reforms that seem to me to be the critical underpinnings to support the structural transformation. At least on a short-term horizon, that is more important than the growth,' [Spence](http://www.stern.nyu.edu/faculty/bio/a-michael-spence) said."

[Read more](http://www.scmp.com/business/economy/article/1505357/reform-not-growth-key-chinas-future-says-nobel-laureate-michael)