Market attention is on the Third Plenary Session meeting of the 18th Central Committee (Third Plenum), where a blueprint for major reforms over the next decade is to be announced during the four-day congress starting on November 9. However, history shows that economic growth tends to be lower after major third plenum meetings. This is because structural reforms, while good in the longer term, tend to slow growth in the near term. While this is ‘bad’ for the global economy overall, the following nine nations, who are dependent on China to consumer over one-half of all their total exports, are particularly at risk.
Economic growth usually slows after major Third plenum meetings
(via Barclays)
And will weight extremely heavily on the following nations
Countries Dependent on China to Consume Half or More of Their Total Exports
(via @M_McDonough)
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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/nNfBikhegvk/story01.htm Tyler Durden