China's upcoming Third Plenum, scheduled for July 15-18, has generated mixed expectations among economists and investors. While some hope for new policies to stimulate domestic demand and bolster the social safety net as part of President Xi Jinping's 'common prosperity' drive, others are skeptical about significant reforms. The Chinese government is reportedly resisting calls for substantial monetary and fiscal stimulus due to concerns over financial risks and debt burden. Sentiment toward Chinese stocks has deteriorated as traders remain cautious about a policy-driven turnaround. The plenum is expected to yield statements on further reform and opening up, but the impact remains uncertain. Market-oriented reforms remain a topic of interest for commodity bulls and bears.