China's Communist Party Convenes to Address Economic Challenges

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Source: DW (English)
China's Communist Party Convenes to Address Economic Challenges
Photo: DW (English)
TL;DR Summary

Senior Chinese Communist Party officials are meeting in Beijing for the "Third Plenum" to discuss economic reforms amid a significant economic slowdown. China's economy grew by only 4.7% in the second quarter, below expectations, due to internal issues like a struggling real estate market and external factors such as trade tensions with the US and EU. President Xi Jinping has hinted at major reforms, but specifics remain unclear, with experts predicting modest policy adjustments rather than sweeping changes.

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