Economics

China Economy to Improve After Leadership Change, BlackRock Says

Lock
This article is for subscribers only.

China’s economic growth is poised to recover after the country’s once-in-a-decade leadership transition, bolstering the outlook for stocks across Asia, said BlackRock Inc., the world’s biggest money manager.

Vice President Xi Jinping is forecast to succeed President Hu Jintao as head of the ruling Communist Party at a congress that starts Nov. 8 in Beijing.