American Chamber of Commerce in China

China stays the course on reform after third plenum, leaving Western businesses in limbo

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China stays the course on reform after third plenum, leaving Western businesses in limbo

“Instead, it seems that we must prepare for a policy marked by caution and continuity.” Third plenums – this one a meeting of the Communist Party’s 20th Central Committee – have historically precipitated extensive changes to the country’s economy, with sweeping ideological statements issued to chart the course of policy for the next five years … Read more

With China’s economic plenum still unscheduled, observers worry politics remain in command

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With China’s economic plenum still unscheduled, observers worry politics remain in command

Top priorities will include party discipline and cohesion, according to a statement issued after the meeting, though “high-quality development” was also emphasised. National security and upholding unity under the party and central government’s leadership remain the most crucial goals, while other matters such as youth employment and economic rejuvenation seem to rank lower, observers and … Read more