Page 2 - Fifth Plenum News Today

The 13th Party Central Committee looked into a project reviewing the 20-year implementation of a resolution on continuing to reform, develop and improve the efficiency of the collective economy during its fifth plenum on May 7.

As China marked its annual Journalists’ Day over the weekend, proclaiming the importance of “correct news ideals,” even jaded New Yorkers stopped in their tracks and took notice. How could they not? The message beamed over 7th Avenue on Times Square, dominating one of the world’s most visible jumbotrons.

The government's 12th Five-Year Plan concludes this year, and work on drafting the 13th will begin soon.Which way will China turn? In its work report to legislators at the National People's Congress meeting in March, the government pledged to create a development blueprint in the spirit of reform and innovation, yet grounded in facts.

By Dan Wang, Chief Economist of Hang Seng Bank ChinaSummary: The richest people tend to profit from chaos

As the Chinese Communist Party leadership wrapped up its Fifth Plenum, the meeting at which the Party’s leadership set the Five Year Plan that will shape economic policy through 2020, what progress has been made on the “comprehensive deepening” of economic reform Xi Jinping called for at a plenum two years ago and what are its prospects going forward? Are reforms proceeding

I have mixed feelings about China. On the plus side, I think the country’s massive economic transformation may be one of the most impressive events in human history. Bringing hundreds of millions from primitive rural lives into relatively prosperous cities within a few years was awe-inspiring. I greatly admire the millions of Chinese entrepreneurs worldwide who create jobs and technology. They’ve helped the entire world in countless ways. And yet, I can’t forget that China’s leaders are...

Why India’s complete economic disengagement from China is unrealistic Why India’s complete economic disengagement from China is unrealistic If India hopes to implement infra projects in the neighbourhood to restrain China, it will have to create management groups to support diplomats on the ground. Madhu Bhalla 27 April, 2021 1:19 pm IST Text Size: A+ The near collapse of frameworks for strategic relations with China and the newly protectionist impu...

By John Richardson IT CONTINUES to surprise and disappoint me how every minutiae of the recent US petrochemicals outages have been pored over by analysts and yet relatively little attention is being paid to plant operations in China and the real, underlying nature of the country’s petrochemicals demand. This is despite China being far more an important petrochemicals market than the US. The critical unanswered question remains whether China’s growth during the first two months of this year ...

China Is Not Ten Feet Tall How Alarmism Undermines American Strategy Lintao Zhang / Reuters China, the story goes, is inexorably rising and on the verge of overtaking a faltering United States. China has become the largest engine of global economic growth, the largest trading nation, and the largest destination for foreign investment. It has locked in major trade and investment deals in Asia and Europe and is using the Belt and Road Initiative—the largest development project of the twenty-fir...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero