The Trader 

Market Outlook: Xi might extend his rule

The Trader

Chinese state news agency Xinhua said yesterday that the ruling Communist Party might change the rules which limit a president to two consecutive five-year terms in office.  Current President Xi Jinping, 64, will officially be elected to his second term when the annual meeting of parliament takes place on March 5th.  The news has sparked a backlash on social media, Reuters reports, to which official media sources reacted with a propaganda push today.   

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