I agree with your assessment that this "reform" is an effort to clean up the image for the Olympics.
Unfortunately, money talks. And I don't call what transpires between us and china free trade. It is a sell-out and a betrayal of our workers and our country. Tax advantages go to companies which have their factories overseas.
All those factories there can be retooled to make armaments. We have less and less factories to retool. But will our armaments soon be Made in China as a matter of routine?