China's Xi Seen Expanding Role of Party

The transcript discusses the potential conservative approach and reforms expected after the Party Congress, focusing on structural changes, productivity in the essoe sector, and the need for a more flexible exchange rate. These changes aim to address overinvestment and ensure robust growth, despite potential volatility in the economy and financial markets.

What are the expected sacrifices that need to be made for reforms according to the text?

What structural changes are expected as the year ends and the new year begins?

How does the speaker perceive the relationship between productivity and China's growth outlook?

What changes in currency policy are anticipated following the party Congress?

What risks are associated with the current exchange rate and capital controls in China?