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Longer presidential terms do not disrupt market

Daryl Guppy
Daryl Guppy3/26/2018 7:30 AM GMT+08  • 6 min read
Longer presidential terms do not disrupt market
SINGAPORE (Mar 26): President of the United States and Commander in Chief. A heartbeat away from the presidency, the vice-president. We are all very familiar with the US political structure and what it would mean if the US president declared himself presi
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SINGAPORE (Mar 26): President of the United States and Commander in Chief. A heartbeat away from the presidency, the vice-president. We are all very familiar with the US political structure and what it would mean if the US president declared himself president for an unlimited time even though the convention of a maximum of two terms was introduced only in 1951 as the 22nd amendment to the Constitution.

When it comes to the Chinese political structure, we are less informed and, as a result, more easily frightened.

China’s president has three titles. The first is president of the People’s Republic of China. The second is chairman of the Central Military Commission, that is, commander in chief. The third title is general secretary of the Chinese Communist Party, and this is by far the most important position.

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