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Analysis: ‘Decisive role’ to ‘better leverage’ - China’s third plenum outcomes suggest diminished role of market
China has hinted at a potentially diminished role of the market in driving its economy, analysts say, as they point to clues being offered in the reported outcomes of an economic reform-centred meeting held this week by the upper echelons of China's Communist Party (CCP). Known as the third plenum, the four-day closed-door gathering of the CCP Central Committee wrapped up on Thursday (Jul 18) with a communique that was expectedly long on commitments, running the gamut of topics, but short on specifics. A press conference the next day (Jul 19) yielded little insights as party officials doubled down on the pledges. The ... (full story)
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- Posted: Jul 19, 2024 7:17am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,478
