World3 sources
China's Fifth Plenum Focuses on Anti-Corruption and Leadership Reshuffle
- The fifth plenum of the Communist Party's Central Committee will take place in Beijing next week.
- The meeting will focus on advancing full and rigorous party self-governance and anti-corruption efforts.
- President Xi Jinping's authority and a potential leadership reshuffle are key topics.
- The meeting will likely result in purges and promotions within the party elite.
- Stocks have slumped, with HSBC leading earnings reports.