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Three ways that China’s big political congress matters to investors
On October 18, China will kick off its 19th National Party Congress. That might sound boring… but for China watchers – and since China is the most important country in the continent that’s the engine of the global economy, pretty much everyone should be watching China – it’s like a state fair, a political nomination convention, Comic-Con festival and Golden Week all rolled into one. That’s because this twice-a-decade Communist Party meeting will determine China’s top leadership for the next five years. And in an economy that is still heavily influenced by the state, the priorities and approach of the ... (full story)