URGENT: China ruling party adopts new 5-year economic plan proposals

China’s top brass on Thursday adopted proposals for a new five-year economic plan at a four-day key gathering of the Communist Party, state-run media reported.The next plan, covering between 2021 and 2025, is the first to be crafted by the ruling party, headed by President Xi Jinping, since China’s economy has been hit by the spread of the novel coronavirus, first detected late last year in the central city of Wuhan.

Read More

HEDGE accordingly