HONG KONG ( TheStreet) -- China's top Communists, still the only Party in the house, came together over the past week for a once-in-five-years congress to turn up the volume on their nation's economy.
As the party got rolling, I came to Hong Kong, the world's center for fast visas to mainland China. I was rejected twice in one day for a tourist visa because my aging U.S. passport reveals that I was once a journalist stationed in Beijing.
It used to be that a China ex-scribe (read ex-con) could get a China tourist visa in Hong Kong just with a letter promising not to gather news up north. My journalist friends in Asia say my timing couldn't have been less timely.
That foreign journalists can't even get close to the Party's party may be the biggest change since the same group of leaders met in 2007.Looking at the other announcements made at the 18th National Congress of the Communist Party of China, it's hard to get too excited for your portfolio. Just feel assured that positions taken to date on China don't need too much adjustment. In particular, I was watching for a policy announcement on Chinese yuan exchange rates. That would have helped exports from China but hurt large, listed American companies that ship to China and to stores in the United States. But no new policy.