A Markets-Based Guide to the NPC

China’s annual “two conferences” in early March always produce a flurry of policy announcements, targets, and stated objectives for Chinese policy-makers for the coming year. The heavy newsflow typically attracts attention from markets, with this year’s primary focus on signals of additional policy efforts to support activity growth and counter persistent deflationary pressure within the Chinese economy. However, there are more meaningful issues relevant to the medium-term economic outlook discussed at these meetings, as well as the prospect of short-term policy support. The following guide highlights the most critical topics and issues with potential significance for financial markets to watch at the ongoing meeting of China’s legislature, the National People’s Congress (NPC), which concludes with Premier Li Keqiang’s press conference on March 16.

Posted August 1, 2017
Facebook Twitter Pinterest