China’s Economy Looks Bleak, No Help From Third Plenum

China’s Economy Looks Bleak, No Help From Third Plenum
The Lujiazui financial district in Shanghai on June 5, 2024. Hector Retamal/AFP via Getty Images
Antonio Graceffo
Updated:
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Commentary

China’s economy looked bleak in the third quarter, and the Third Plenum’s promotion of a state-controlled socialist market economy will not help it recover.

Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
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