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Showing posts with the label widely expected

China is set to convene a historic meeting on Oct. 16. Here's what to expect

Chinese President Xi Jinping is widely expected to further consolidate his power at a twice-a-decade congress this fall. He is pictured here on July 1, 2022, at a swearing-in ceremony for Hong Kong's chief executive John Lee. Bloomberg | Bloomberg | Getty Images BEIJING — China's leaders are set to convene in Beijing on Oct. 16 for a major political meeting that's expected to consolidate President Xi Jinping's power and signal forthcoming economic policy. This year's gathering takes on additional significance as it's become a widely watched marker for when China may begin to ease its stringent zero-Covid policy. The Communist Party of China's top leaders are expected to propose that the party hold its 20th National Congress on Oct. 16 in Beijing, state media announced Tuesday. It's "the most important political event of the decade in China," Citi analysts wrote in a note last week. "The Congress is set to launch a new political eco...