China's Third Plenum Convenes Amid Economic Challenges
TL;DR Summary
China's Communist Party is holding its third plenum in Beijing to address significant economic challenges, including a property sector crisis, high local government debt, and weak consumer demand. The meeting, delayed for months, is crucial for setting the direction of the world's second-largest economy amid internal and external pressures. Observers expect targeted reforms rather than sweeping changes, focusing on structural economic issues, technological self-reliance, and social problems. The outcomes will impact China's global economic role and investor confidence.
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