China's Secretive Economic Meeting Aims to Tackle Troubles

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Source: The New York Times
China's Secretive Economic Meeting Aims to Tackle Troubles
Photo: The New York Times
TL;DR Summary

President Xi Jinping is leading a closed-door meeting with 370 Communist Party officials in Beijing to draft a new economic program aimed at revitalizing China's economy. The four-day conclave, known as the Third Plenum, seeks to promote "high quality" growth amid recent economic challenges, including slow growth, a property sector crisis, and local government debt. The success of the proposed reforms will depend on restoring confidence among Chinese citizens and foreign investors.

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