Blog post -
The implications of the abolishment of presidential term limit in China
A landmark decision was made at China’s annual political sessions in March when the country’s parliament approved a proposal to abolish the 35-year rule of presidential term limits. This effectively means the current President Xi Jinping can rule for life. The abolishment of term limit was hardly surprising as there were already signs that Xi was seeking to extend his term beyond 2023, when he did not name a clear successor at the 19thParty Congress in late 2017. With stunning performance despite the sluggish global economy, the implications of such political change will be felt not only among the top echelons of the Chinese Communist Party and its people, but more importantly in the rest of the world.
To read the full analytical paper, find it on our website or download the document below
Topics
- Corporate Information
