In China, ruling party leader Xi Jinping is expected to announce a series of political reforms at the upcoming National People’s Congress, which will give him more concentrated power. The reforms include downgrading of the State Council and the promotion of special committees controlled by the highest echelons of the party. The economy is also expected to be a key focus of Xi’s agenda at the congress. Financial challenges are also a concern for Xi and he is likely to announce plans to gear up the country for these challenges.