China's Xi to open 20th Communist Party Congress

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China's Xi to open 20th Communist Party Congress
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Chinese President since Mao Zedong.

The gathering of roughly 2,300 delegates from around the country is scheduled to begin at 10 a.m. in the vast Great Hall of the People on the west side of Tiananmen Square., 69, reading a lengthy report in a televised speech that reviews the party's achievements of recent years and outlines broad-brush priorities for the next five years. Analysts generally do not expect any significant change in policy direction.

"We see no reason for him to change course or make substantial adjustments to the fundamental principles and strategies he has cultivated over the past decade," Saxo Bank market strategist Redmond Wong wrote in a Friday note.slow dramatically, dragged down by the COVID policy's frequent lockdowns, a crisis in the property sector and the impact of his 2021 crackdown on the once-freewheeling "platform economy", as well as global headwinds.

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