Xi Jinping and the Future of Chinese Stocks

How Does Xi Jinping’s Unlimited Term Limit Impact Chinese Stocks?

shanghai
Shanghai, photo courtesy ioa8320 via Pixabay CC0

Nearly 3,000 Communist leaders attended the National People’s Congress, as the country’s Premier Li Keqiang presented a State of the Nation report.  Sitting in attendance was Xi Jinping, the real star of the moment.  As President and leader of the Communist Party, Mr. Jinping has already been described as the most powerful leader of China since Mao Zedong.  Now, with an amendment to remove term limits (previously set at a maximum of two 5-year terms), Mr. Jinping may well rule for the foreseeable future.

Written by New York Herald®

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