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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessThe Communist Party of China's Central........>
CHINA: The Communist Party of China's Central Committee proposed to change the
term of Chinese president in the country's constitution, Xinhua News Agency
reported on Sunday. The ruling party's highest power organ announced publicly
today it wants to remove the expression that the President and Vice President
"shall serve no more than two consecutive terms," Xinhua said.
***Comment: The announcement confirmed years of speculations that current
President Xi Jinping seeks to serve beyond his second five-year tenure that
would have ended by about 2023. The two five-year terms of China's official head
of state was written into the constitution in 1954 and has never been revised.
Previous paramount leaders such as Deng Xiaoping continued to exert de facto
ultimate power from behind the scene. The latest propose will almost certainly
be approved by China's rubberstamp parliament, the National People's Congress,
next month, given Xi unparalleled power to shape China for generations.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.