China: Xi choosing a moderate path in setting the new Standing Committee – Danske Bank

Sandeep Kanihama FXStreet Contributor

In China, the Congress of the Communist Party ends today with the new Standing Committee (SC) of the Politburo being presented Wednesday morning, points out the research team at Danske Bank.

Key Quotes

“Early news reports suggest Xi Jinping is choosing a moderate path in setting the new Standing Committee. South China Morning Post reports that there will be members from different factions, which in our view will bode well for political stability in China. It still remains unclear whether Xi Jinping will choose a successor.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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