China Plenum Aftermath: Lots of Jargon, Little Details

This week’s four-day meeting of China’s top Communist officials was regarded as a make-or-break moment for economic reform but may have raised more questions than it answered.
After decades of rapid expansion, the world’s second-largest economy is entering a period of slower growth, and Beijing is under growing pressure to address issues that threaten further economic development and social stability.

This meeting was President Xi Jinping’s first big opportunity to pursue a reform agenda aggressively — with major implications for the global economy. But the blueprint that the conference produced was heavy on party jargon and light on details.

via CNN

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza