China Fourth Plenum focuses on politics not economy

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So says Bloomie:

China’s economic challenges have proliferated in the almost two years since Xi Jinping last convened a full meeting of the Communist Party. But politics remain at the top of his agenda.

The party’s Central Committee is expected to gather behind closed doors Monday for the first time since February 2018 — the longest stretch the 200-plus-member body has gone without meeting since China began its reform era four decades ago. And Xi looks poised to pick up where he left off: solidifying control over the ruling party and the country of almost 1.4 billion people.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.