State-run news agency Xinhua said the Party will remove the provision that the President and Vice President “shall serve no more than two consecutive terms” from the constitution of the People’s Republic of China.
The proposed amendment will have to be ratified by China’s rubber-stamp parliament — the National People’s Congress (NPC) — in March.
When it goes into effect, Xi will be free to serve indefinitely as China’s head of state, the strongest indication yet he is intending to maintain power at the top beyond the two 5-year terms served by his predecessors for the past 20 years.
This comes right after they just forcefully took control of that huge insurance company ‘Anbang’ that owns the Waldorf Estoria in NYC, and many other things.
The Waldorf Estoria and many other assets are now directly controlled by the Chinese Government.
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