China’s Plenum Reforms May Depend on Xi’s Leadership Skills

China’s Plenum Reforms May Depend on Xi’s Leadership Skills

The Chinese Communist Party’s Third Plenum culminated last month with the release of a reform-minded document outlining significant changes in 60 key areas of the Chinese economy. In targeting government monopolies in industry, as well as controls on the flow of capital, goods and people, while calling for upgrading the quality of governance, the document successfully identifies many of the major bottlenecks to continued rapid socio-economic development. Coupled with recent events in the political sphere, the agenda represents the emergence of President Xi Jinping as a leader and the benchmarks by which he will be judged between now and the […]

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