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MNI POLITICAL RISK ANALYSIS – Week Ahead 8-14 Nov

Executive Summary:

  • China: The Central Committee of the Chinese Communist Party (CCP) will hold its sixth annual plenum from 8-11 November. The Central Committee is the largest of the senior policy-making groups within the party. It comprises over 370 full and alternate members drawn from senior positions in the CCP such as region governors, ministers, and heads of regional organisations in the People's Liberation Army.The plenum is expected to deliver an historic resolution equalled only by Mao Zedong's 1945 and Deng Xiaoping's 1981 resolutions. The resolution is expected to focus on the past achievements of the CCP while laying out major policy objectives for years to come. It is also likely to set the stage for President Xi Jinping to seek a third term in office at next year's five-yearly party congress. Xi would be the first to do so, marking him out as a potential leader for life.
  • Eurozone: Eurogroup meeting in Brussels. Takes place at 1500CET (0900ET, 1400GMT) with press conference at 2000CET (1400ET, 1900GMT). In regular format (just EZ finance ministers), discussion will focus on macroeconomic situation in the bloc, the digital euro, and international meetings attended by Eurogroup president. In inclusive format (involving all EU member state finance ministers), talks will focus on economic governance review, threats to fiscal policy and EMU in the wake of the pandemic, and updates on banking union and SRF.
  • France: First televised debate in the race for the nomination from the centre-right Les Republicains (LR). Comes ahead of the spring 2022 presidential election. President of the Regional Council of Hauts-de-France Xavier Bertrand, President of the Regional Council of Île-de-France Valérie Pécresse, former European Commissioner Michel Barnier, member of the National Assembly Éric Ciotti, and former MEP Dr Philippe Juvin to take part. None of the prospective LR nominees sit in second place in hypothetical first round opinion polls, making their entry into the second round a distant prospect at present.
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