Coming from the other direction, China s crawl toward a more market oriented brand of capitalism also has potential pitfalls.

Europe is at the forefront of renewable energy development, though it must avoid several pitfalls.

We encourage networks among governments, international agencies and water providers so that best practices and successful models may be shared, pitfalls avoided, and the common good be served with justice and quality.

In fact, the PBOC has little choice but to engage in monetary policy loosening. But it can avoid the pitfalls of such an approach by placing it within a broader, more comprehensive strategy that accounts for the underlying causes of the increase in funding costs for businesses.