With Xi’s plan to build China into a modern socialist country, should investors be worried?

AS the political dust begins to settle after the 20th National Congress of the Chinese Communist Party, global investors are left facing one of the most critical junctures on China investments - how the new leadership team under President Xi Jinping will deliver his great rejuvenation plan to build a socialist modern China by 2050.

The uncertainties are far from over. With new leaders unveiled, more personnel changes at all levels of the government can be expected in the ensuing months. The policy stance taken by the next premier, the economic adviser, as well as the next governor of the People’s Bank of China (PBOC) and the head of the China Banking Insurance Regulatory Commission (CBIRC) will be closely watched as they reboot the economy. 

The Central Economic Working Conference - that sets the national agenda for China’s economy and its financial and banking sectors - in December is the next key event on the calendar.