China’s Third Plenum signals reforms, but tensions remain: analysts

Beijing steps up stimulus measures and reforms, as small firms suffer from a liquidity trap, and some foreign private equity firms leave China.
August 28, 2024

The recently concluded Third Plenum in Beijing announced a range of reforms with the hope of attracting foreign investment in China. However, some analysts are sceptical over what they see as a contradiction between the announced reforms and stronger state control announced at the plenum.

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