What do you think of the meeting readout, and the state of the PRC economy?

I think the PRC Economy is even more unbalanced before, heavily tilted towards government infrastructure spending. The employment situation is bad but stable - so no protests, but a lot of scrimping and saving.

Beijing is clearly also worried about export growth as well. At the end, I think they will hit their target of 5-6% growth through enough infrastructure spending, but their debt levels will explode higher, making it harder each year for China to escape what happened to Japan.

Geopolitically, my prediction is that after a couple of more years of tension and forced growth,we will see China forced to turn down its rhetoric and try to focus more on its economic development