Key Meetings to Offer Clues on China’s Economic Path Forward
- Leaders likely to signal supportive macroeconomic policies
- Hints on Zero Covid, growth target will be closely scrutinized
Xi Jinping and members of the new Politburo Standing Committee, arrive at the Great Hall of the People in Beijing.
Source: Bloomberg
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Investors disappointed by the Communist Party’s lack of policy guidance at its recent congress can brace for a string of meetings in coming weeks that could shed light on how top officials plan to manage the immediate risks to China’s economy.
The ruling party is set to lay out policy priorities for 2023 and beyond in several high-level events over the next eight or so weeks. Key among them will be an early December meeting of the new 24-member Politburo -- now packed with President Xi Jinping’s loyalists -- which will set the tone for future economic policy.