Summary: China’s annual political meeting, known as the “two sessions,” is approaching, drawing thousands of delegates to Beijing to set new growth targets and provide insights into the Communist Party’s strategies. The meeting will focus on reviving the economy, with expectations of a GDP growth target around 5% and a fiscal-deficit target to be closely monitored by markets. Amidst economic challenges and leadership scrutiny, the session will reveal China’s crisis management efforts, Xi Jinping’s economic agenda, and power dynamics within the leadership group. The event will also shed light on China’s long-term plans, economic slogans, and credibility gap in policy delivery and leadership concentration under Xi’s dominance.
