Sinocism

Sinocism

Share this post

Sinocism
Sinocism
Xi at BRICS; Enhancing the consistency of macroeconomic policy orientation; No date for NPC SC meeting; Hu Wei "retired"
Copy link
Facebook
Email
Notes
More

Xi at BRICS; Enhancing the consistency of macroeconomic policy orientation; No date for NPC SC meeting; Hu Wei "retired"

Bill Bishop
Oct 25, 2024
∙ Paid
10

Share this post

Sinocism
Sinocism
Xi at BRICS; Enhancing the consistency of macroeconomic policy orientation; No date for NPC SC meeting; Hu Wei "retired"
Copy link
Facebook
Email
Notes
More
4
1
Share

There is still no announced date for the NPC Standing Committee meeting that is expected to approve and announce a large, additional fiscal stimulus package. It is possible they do not adhere to the seven day advance notice norm, it is possible that now we have to wait until November, and it is also possible that the October Politburo meeting will occur before the NPC SC meeting, and we get more stimulative signals then. But those are all just guesses; the lack of transparency and communication are frustrating.

Summary of today’s Essential Eight:

1. Xi at BRICS - In his speech to the BRICS summit Xi described the world facing a choice between disorder and chaos or peace and development, saying "As the world enters a new period defined by turbulence and transformation, we are confronted with pivotal choices that will shape our future. Should we allow the world to descend into the abyss of disorder and chaos, or should we strive to steer it back on the path of peace and development? This…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Sinocism LLC
Publisher Terms
Substack
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More