Is China’s Third Plenum for Real After All?

After the dust had settled last week from the Communist Party’s Third Plenary Session in Beijing, the commentaries were uniformly sour, saying the pre-conclave hype had billed it as the most important proceeding since Deng Xiaoping’s 1978 Third Plenum, but ultimately that there was little new, and what there is is unlikely to be accomplished.

Pessimists …