A closed-door meeting in a resort town on the Bohai Sea may be where China's future leadership begins to take shape, at a time when observers say there's tension at the top in Beijing. President Xi Jinping is said to be hosting the very highest echelon of China's Communist Party this week in Beidaihe. No hard decisions on leadership are expected to come immediately from the annual meeting, but this year's conclave is expected to initiate those conversations among top officials. The precise whereabouts of the meeting are not disclosed, but sources close to CNBC said the annual meeting typically takes places in four to five villas ... (Read the full story)
