3rd Plenum will treat economy with Chinese medicine
The market is closely watching the long-awaited Third Plenum in China, which will take place in Beijing from July 15-18. Historically, this event has been pivotal in signaling key policy shifts and economic reforms in China. This time around, market participants and China watchers have a very specific question that they hope the Third Plenum can answer, namely whether enough growth-enhancing measures will be announced to revive the Chinese economy after years of underwhelming performance.