Well, no surprise here. As his second term comes to an end, the President of China has engineered a sweeping change. This change involves a rewriting of the constitution. Instead of term limits, no term limit. He could be president for life. Hmmmm. Who does this sound like? Sounds like ----yes, Mao.
Does China welcome another supreme leader? Like it or not, Mr. Xi has been astute in consolidating his power(s), and sidelining obstructionists to his plans. The country has made extraordinary economic progress in the last 20 years, lifting hundreds of millions of citizens up from extreme poverty to more comfortable living conditions, including health and education improvements for all. The business climate has improved, but international trade is the one area where trading partners are most concerned. Chinese state-owned companies have expanded overseas, investing in Africa and South Asia. The country has also expanded into the Pacific Ocean western basin or the South China Sea. This move has caused great concern among many countries on the rim.
So, another Communist takeover. This time, a takeover within a Communist country. We'll see how this all plays out. The short history of Communist countries does not speak well for an autocrat/dictator ruling over 1 billion citizens.
The whole world is watching, Mr. Xi.
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