Xi Jinping Is Officially China’s New President. Now What?

In a move that came as a surprise to no one, the nearly 3,000 delegates of the National People’s Congress elected 59-year-old Xi Jinping as president of China, replacing 70-year-old Hu Jintao, on March 14 in the Great Hall of the People in Beijing. Xi is expected to serve two five-year-terms, following precedent. The vote: one against, three abstentions, and 2,952 in favor.

Read Here – Businessweek

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