China Drop-In: The National People’s Congress and China’s economic outlook

The annual meeting of China’s National People’s Congress began this weekend with the publication of key economic targets for the coming year. This year’s NPC also marks the crescendo of a major government reshuffle which is expected to confirm the appointments of key economic and financial personnel. As China emerges from self-imposed isolation, what signals will its leaders send about the outlook for economic growth and policy?

We held a 20-minute online briefing about the NPC and what it means for the economic outlook in China and abroad. During this session, economists from our China and Commodities teams answered client questions as they addressed key issues, including:

• Economic targets and key messages from the session’s opening reports;
• What to expect from China’s incoming economic and financial leadership;
• The implications for other economies and for global commodity markets.