China kicks off parliament season to remove term limit for Xi Jinping

As he set to cement his power removing two term limit, Chinese President Xi Jinping plans to appoint four Vice Premiers to work on popular programmes like poverty relief, environmental protection and improving economy which would enhance his image at home.
Speculation about the appointment of four Vice Premiers came as China today commenced its well-choreographed annual parliament which was expected to endorse the ruling the Communist Party of China (CPC) proposal to amend the Constitution removing the two-term rule for President and Vice President.
China now has two Vice Premiers.
The proposal sparked off speculation that Xi who is on course to become modern China's Emperor, wielding unquestionable power exercised by the party founder, Mao Zedong in the heydays of revolution is working on populist agenda which would contribute to his public image.

China shares slip on uncertainty over unlimited rule for Xi Jinping

Chinese stocks slipped today despite gains in most other world markets as uncertainty lingered over the removal of term limits for Chinese President Xi Jinping.
The Shanghai Composite sank 1.1 per cent to close at 3,292.07, while Hong Kong's benchmark Hang Seng Index lost 0.7 per cent to finish at 31,268.66.

Benchmarks elsewhere in the Asia-Pacific region were mixed, with Australia's S&P/ASX 200 and Japan's Nikkei 225 ending higher but South Korea's Kospi slightly lower.

European shares rose in early trading but futures pointed to a lower open on Wall Street, a day after the Standard & Poor's 500, Dow Jones industrial average and Nasdaq gained more than 1 per cent.
Investors are still mulling the implications of the decision by China's Communist Party to scrap presidential term limits, ensuring party chief Xi Jinping can remain head of state indefinitely and setting the stage for him to become the most powerful leader since Mao Zedong.