BEIJING China's ruling Communist Party on Thursday began a key congress at which President Hu Jintao will give up his position as head of the party to anointed successor, Vice President Xi Jinping.
The Party will also unveil its new Standing Committee, China's top political ande decision-making body, which is likely to be shrunk to seven members from the current nine in a move to ease the passage of much-needed reforms.
(Reporting by Beijing bureau)
Trending On Reuters
India will release data on Monday showing it remains one of the fastest growing economies in the world, but economists are struggling to reconcile that rosy picture with ground realities like weak exports, investment, and flat corporate order books. Full Article