third plenum

China’s local governments will for the first time be allowed to issue municipal bonds independently, according to the final document resulting from the third plenary session.

Louis So, co-CIO at Value Partners, Hong Kong's largest fund house, says China reforms will be important, but so will its unwillingness to confront state-owned groups.

As Chinese leaders emerge from their third plenary session, Blackstone’s Byron Wien discusses the challenge of rebalancing its economy.

The document purports to be a roadmap forged by the new leadership, setting out China’s economic reforms for the next 5-10 years, but it may keep market observers waiting.

Reformists are not holding their breath as Chinese policymakers emerge from a closed-door policy summit in Beijing.

The results of the ongoing Third Plenum will take months or even years to truly become apparent. Much rides on President Xi Jinping’s ability to push through change.