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Author Topic: China ends term limits, Xi Jinping to rule China for life?  (Read 216 times)
Hydrogen
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March 13, 2018, 10:21:20 AM
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The roughly 3,000 delegates of the National People’s Congress, China’s legislature, voted almost unanimously on Sunday to end a two-term limit on the presidency, one of the main leadership posts held by Xi Jinping. While the overwhelming approval by the party-controlled congress was not a surprise, the repercussions go beyond just allowing Mr. Xi to stay on longer.

Here’s what is at stake, and why ending the term limit matters.

Why is the limit in place now?
One lesson that China drew from the upheavals of the Cultural Revolution was the danger of concentrating power in one supreme, unassailable leader who ruled for life.

In 1982, when China was recovering from that chaotic era, lawmakers approved a new Constitution that said the president and also the vice president “shall serve no more than two consecutive terms.”

It is sometimes said that Deng Xiaoping, who led China after Mao, introduced the term limit to prevent the top leader from again becoming too powerful. But that’s not entirely true. Back then the Chinese presidency was not such a powerful post. Deng wielded much of his power informally, without titles or term limits, and through his control of the military.

Even so, the politicians and legal experts who drafted China’s 1982 Constitution saw lifelong tenure as a recipe for tyranny, especially in a one-party state.

“If someone stays in office for 15 years, the people won’t dare express their opinions to him,” said Fang Yi, one of the framers of the Constitution. “The French president begins with one term of seven years, with an option for a second term. But that’s different. They have opposition parties who pick their faults every day.”

How did it become important?
The presidential term limit became more important in the 1990s, when Deng prepared to pass power to his successor, Jiang Zemin.

Under Deng in the 1980s, there was turmoil in succession, as two protégés were forced to resign following student demonstrations. Deng tried to ensure the success of his final choice, Mr. Jiang, by setting him up in China’s three most powerful posts: Communist Party general secretary, chairman of the commission in charge of the military and the presidency, which Mr. Jiang took over in 1993.

But Deng also wanted to ensure that Mr. Jiang did not stay on indefinitely. He started a succession cycle by also promoting Mr. Jiang’s younger heir-apparent, Hu Jintao.

Under Mr. Jiang and later Mr. Hu, a new norm formed. The top leader had clear authority because he held all three main posts. But he had to hand them to a successor after about a decade.

“The three-in-one leadership system and form — of party general secretary, state president and military commission chairman — is not only necessary but also the most fitting for a great party and a great country like ours,” Mr. Jiang said in 2004.

That arrangement allowed two of the most stable transitions of power in China’s modern history, from Mr. Jiang to Mr. Hu in 2002, and then Mr. Hu to Mr. Xi six years ago.

Is the presidency powerful in China?
In China, the political job that matters most is the general secretary of the Communist Party. The party controls the military and domestic security forces, and sets the policies that the government carries out. China’s presidency lacks the authority of the American and French presidencies.

This difference is reflected in language. In Chinese, China’s president is called “zhuxi,” which really translates as “chairman.” Foreign presidents get a different title, “zongtong.” So in effect, Chinese people are referring to Mr. Xi as the “state chairman,” though in English his title is officially translated as “state president” to put him on an even footing with other world leaders.

Still, the Chinese presidency is not entirely ceremonial. The president has the power, acting with the legislature, to declare war or a state of emergency. In times of crisis, disagreement between a party leader and president could cause trouble.

The presidency has become increasingly prominent thanks to China’s growing global stature. At home, Mr. Xi usually speaks as party leader; abroad, he appears as president, who is the formal head of state. Mr. Xi relishes the prestige of state visits to the White House or Buckingham Palace, which might be awkward if he were not president.

Why change the system?
The official Chinese news media have said that Mr. Xi wants to abandon the term limit so that he can keep his trinity of leadership posts. According to Xinhua News Agency and other party-run news outlets, having a term limit on just the presidency is unreasonable because neither of Mr. Xi’s other two major posts — party leader and military chairman — has a similar limit.

Of course, this argument does not address the other solution to that inconsistency: imposing limits on the party and military posts. His action leaves little doubt that Mr. Xi is clearing the way to remain top leader for a long time to come, and without clear rivals.

If the term limit remained, Mr. Xi would have to step down as president at the end of his next five-year term, in 2023. Any successor could potentially become a rival.

Mr. Xi seems determined to remain “three-in-one” leader because he sees himself on a historic mission to make China into a great power. Achieving that will take more than a decade, Xi has said.

Last year, Mr. Xi showed his intent to stay in power by declining to promote a potential successor into the new Politburo Standing Committee, the party’s most powerful body. Mr. Xi and Mr. Hu both served political apprenticeships in the Standing Committee before taking over.

Will Xi will be leader for life?
Mr. Xi has produced plenty of surprises in his first five years in power, not least his decision to abolish the term limit before his second term as president had even started. So predicting Mr. Xi’s future steps isn’t easy.

Even so, The People’s Daily said earlier this month that ending the presidential term limit does not “imply a system of lifelong leadership.” The point seems to be that while Mr. Xi may be around for a while, he won’t be another Mao, who remained in power even as he grew ill and incoherent with age.

But Mr. Xi has not specified how many terms he plans on. Perhaps Mr. Xi himself does not have a firm idea yet. Or perhaps he figures he can enhance his power even further by keeping everyone else guessing.

https://www.nytimes.com/2018/03/10/world/asia/china-xi-jinping-term-limit-explainer.html

....

Not certain what implications this might have for bitcoin in china.  Smiley  There could be postives, or there could be negatives. It might be accurate to say eliminating Xi Jinping's term limit will represent a greater centralization of political power within china. That element could be interesting to discuss within a centralization versus decentralization perspective.  .

How do people see this panning out? It is interesting how Donald Trump is proposing greater term limits for political office, while in china the complete opposite is occurring with the further removal of term limits. Certainly there is a difference in methodology at the moment with china and america pursuing polar opposites.

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March 13, 2018, 11:00:51 AM
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I think his game is far away and much bigger than Bitcoin Smiley

But yes, they voted and Xi Jinping could rule for life. Just for the record, the main comity is made of 7 people, but Xi Jinping is the main player.

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March 13, 2018, 11:25:39 AM
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The Chinese picture of the world is as follows:

      The center of the sky, around which the sky revolves, is the North Star. This supergiant starry sky of purple color is the habitat of the Heavenly Emperor (Shang Di) and personifies the North Pole of the Universe. In the dogma of Christians, the Father Almighty is "the Creator of heaven and earth, visible to all and invisible." In the Chinese, the Creator of the World is impersonal - this is the Great Tao, of which nothing definite can be said. "Tao gives birth to One (one). One gives birth to two (the one bifurcates). From the two is born the Trinity. Trinity generates all things "(TaoDejing).

      That is, the Heavenly Emperor - the Most High - is not the Creator, but only the head of the hierarchy of order. So: in the sky the Polar Star, and under the sky in the land of the Emperor (Huangdi) of the Middle State, around which the whole of the heavenly world revolves. Therefore, history is a coil of different periods with the distribution of centrifugal (chaos), equilibrium (small prosperity) and centripetal (great unity) forces that people can not change. And the Bible says about "turning the spirit into its own" (Eccl: 6).

      Essence: the share of Xi Jinping in the circles of the Universe fell the purpose of Heaven to embark on a globalization in Chinese.

      Therefore, important changes are taking place in the People's Republic of China that establish the documents of power from people: the writing of the formula of a new era in the CCP Constitution, the change in the Constitution of the People's Republic of China under the indefinite rule of the Xi and the leadership of the CPC as the essence of Chinese National Socialism.
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March 13, 2018, 11:29:35 AM
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I don't know the relationship between Chinese politics and BTC digital encryption currency!

I just want to see that BTC can get a reasonable and legal status in China, which is a good thing for the people of the world's digital encryption currency.

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March 13, 2018, 11:42:18 AM
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I'm sorry that China is on its way to monarchy. But this is the decision of the Chinese people. I think that after such a decision there is no point in expecting changes in the attitude of the Chinese government towards cryptocurrencies. This means that China will continue to partially limit their use and significantly reduce the pace of development of the popularity of cryptocurrencies.
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March 13, 2018, 12:23:36 PM
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I'm sorry that China is on its way to monarchy. But this is the decision of the Chinese people. I think that after such a decision there is no point in expecting changes in the attitude of the Chinese government towards cryptocurrencies. This means that China will continue to partially limit their use and significantly reduce the pace of development of the popularity of cryptocurrencies.

Monarchy is not the right term.I think that China is moving to a new kind of dictatorship.They think that  more centralized power structure will solve their social and economical problems,but they are wrong.Many people in the western world think that China`s economic growth will last forever.This is so far away from the truth.
China has big problems with their huge national debt.This debt pumps the growth of the economy,but soon they will reach a debt level close to bankrupcy.Xi won`t help,when the crysis appears.
Perhaps the cryptocurrencies will....

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March 13, 2018, 12:33:28 PM
 #7

Finally !
We would ... Be able to see someone other than... Their former leader but.. you know.. nothing can be more negative than this.. what China is already doing to Bitcoins...so..it's like.. we cannot expect for more harm..but yes things can be better.
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March 13, 2018, 01:01:40 PM
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How do people see this panning out? It is interesting how Donald Trump is proposing greater term limits for political office, while in china the complete opposite is occurring with the further removal of term limits. Certainly there is a difference in methodology at the moment with china and america pursuing polar opposites.

I think that part about Trump would make a lot more interesting and thrilling showdown eventually. In China, it is mostly a dogfight under a carpet as Churchill once said. When Donald became the US president a little over a year ago, I had a discussion with some dude here (maybe it was even you, lol) about his insatiable lust for power and how he is going to grab the absolute power during his presidency with the aim of staying in the office indefinitely long. Now he has a good example to follow, a rolemodel of sorts.


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March 13, 2018, 01:34:15 PM
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Although, a lot of people would be wondering what is the relationship between Xi Jinping ruling for life and the price of bitcoin? But the issue is that almost everything is related to politics. We all know that today the influence of China on the price of bitcoin cannot be downplayed because every move that they make is to frustrate the continued popularity of bitcoin. A whole of this decision is based on the ideology of the government in power which cannot be separated from the leader at the time.

In this case where the leader is expected to rule for life, it then mean that the onslaught against crypto currency wont stop but if there is a change in power, there is a chance that the change that comes with it, in terms of ideology, the calibre of people, their knowledge of the world of financial technology might be in the favor of crypto currency but now, there is no chance at all.

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March 13, 2018, 01:47:06 PM
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Here we come to the coming of Chinese government with crypto to manage. Yes, the play of this player is unknown. This might be a large fish to crypto I guess. If they won't change the leaderships  of Xi then they have big trust to this man. Maybe this guy understand more than anyone about something towards every issues that China have today.

What the point to change if he is the only way who understand the entire play?

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March 13, 2018, 01:58:20 PM
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China's National People's Congress (NPC) on Monday almost unanimously approved a ban on the term of the country's President, in other words, a move that would allow him to become a lifelong leader of China.

I think this is not a good news for bitcoin. Because at the time of last year, China has banned encryption currency, at that time national leaders is xi jinping, we can see that he is not welcome the COINS, but China has many supporters and owners of the currency.

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March 13, 2018, 02:28:33 PM
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I don't think Xi Jinping himself has strong opinions on Bitcoin. I don't think I've ever heard him make a statement about it, unlike Putin who has personally called for regulations. I'm pretty sure him staying in power would do little to change the crypto landscape in China, unless he could plug their economic holes that could lead to exchanges being allowed again.

Also, Xi Jinping is 64. I have nothing against him and I'm not one to be macabre, but I doubt "for life" in this case is as long as people seem to be thinking.

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March 13, 2018, 02:32:47 PM
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How do people see this panning out? It is interesting how Donald Trump is proposing greater term limits for political office, while in china the complete opposite is occurring with the further removal of term limits. Certainly there is a difference in methodology at the moment with china and america pursuing polar opposites.

It means that when Xi Jinping messes up (and he will, all leaders mess up eventually through either tiredness or hubris or both), they will have to assasinate him to remove him. Whereas before, it would have been a simple matter of saying, "your two terms are up, thank you for your service".

P.S. Donald Trump hasn't got a similar ability to extend term limits in the USA.

The two term limit is part of the Constitution - which means that to change it, you need two thirds of the Senate, two thirds of the House of Representatives AND two-thirds of the states to vote for it. It's pretty hard to do which is why the US constitution doesn't get changed much.

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March 13, 2018, 02:38:36 PM
 #14

An interesting move of the China Communist Party,but for me personally nothing unexpected.When we look on some others countries in the world there are similar examples and most mentioned is Dear Leader of North Korea.But we also have absolute ruler of Russia and Turkey,Putin&Erdogan who will leave they functions only in case of death.Let us not forget either Alexander Lukashenko,president of Belarus who is sitting in his presidential chair from 1994.

When I see such an example of political rule I can only conclude that only desire for absoulte power may lead to such decisions.If people are not allowed to go on the elections and elect new people,instead of forwards we are going back to the past to the time of the emperors and the kings.

The decision itself should not have any consequences on cryptocurrency in China,nothing is changed except that one man has gained a lifetime function.

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March 13, 2018, 02:50:05 PM
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I don't know the relationship between Chinese politics and BTC digital encryption currency!

I just want to see that BTC can get a reasonable and legal status in China, which is a good thing for the people of the world's digital encryption currency.
Because china is brave and smart country and their leaders are not all corrupt and the development of china is so wide, that why more of their people are agree on what is the decisions of their government.
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March 13, 2018, 03:35:30 PM
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It is interesting how Donald Trump is proposing greater term limits for political office, while in china the complete opposite is occurring with the further removal of term limits. Certainly there is a difference in methodology at the moment with china and america pursuing polar opposites.

It means that when Xi Jinping messes up (and he will, all leaders mess up eventually through either tiredness or hubris or both), they will have to assasinate him to remove him. Whereas before, it would have been a simple matter of saying, "your two terms are up, thank you for your service".

P.S. Donald Trump hasn't got a similar ability to extend term limits in the USA.

The two term limit is part of the Constitution - which means that to change it, you need two thirds of the Senate, two thirds of the House of Representatives AND two-thirds of the states to vote for it. It's pretty hard to do which is why the US constitution doesn't get changed much.

Would "Donald Trump is proposing greater term limitations" have been a better way to phrase it? There are no term limitations for congress or senate. Would introducing term limits be characterized as greater limits or fewer limits? The way things are now, many of them are in office forever. Not unlike what Xi Jinping could eventually become.

I'm wondering if this greater centralization of political power by Xi Jinping could decrease competition which could hurt china over the long term. Could Maduro and Kim Jong's centralization of power in venezuela and north korea be characterized by failure? If the answer to that question is: yes. Then could china face a similar precedent in the future by centralizing power under circumstances where there probably won't be enough competition to streamline operations or incentivize efficiency by those in power, given they're guaranteed their monopoly and likely have little or no motivation to improve circumstances?

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March 14, 2018, 09:26:00 AM
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Would "Donald Trump is proposing greater term limitations" have been a better way to phrase it? There are no term limitations for congress or senate. Would introducing term limits be characterized as greater limits or fewer limits? The way things are now, many of them are in office forever. Not unlike what Xi Jinping could eventually become.

I'm wondering if this greater centralization of political power by Xi Jinping could decrease competition which could hurt china over the long term. Could Maduro and Kim Jong's centralization of power in venezuela and north korea be characterized by failure? If the answer to that question is: yes. Then could china face a similar precedent in the future by centralizing power under circumstances where there probably won't be enough competition to streamline operations or incentivize efficiency by those in power, given they're guaranteed their monopoly and likely have little or no motivation to improve circumstances?

Did Trump actually propose it though? As far as I know he was simply amused by the move, saying that maybe they could look into that option in the future, or something to that effect.

I also don't think centralization of political power will be much of a problem as far as efficiency goes. The lifting of term limits simply means Xi Jinping can run for a 3rd time or more, and if a better rival shows up, the rival could be elected over him. Their congress elects their president and can remove them too, assuming it's not under Jinping's control already.

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March 14, 2018, 09:43:01 AM
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this may  cause a problem for bitcoin. if xi jinping decided to ban cryptocurrency, there is no way bitcoin could thrive in that market. it will be also hard to reverse this decision

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March 14, 2018, 11:31:35 AM
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Because china is brave and smart country and their leaders are not all corrupt and the development of china is so wide, that why more of their people are agree on what is the decisions of their government.

You have a very wrong opinion about China,corruption is widespread there, especially among politicians.But corruption and bribe is just what government says it is,since they have absolute power over the people and that human rights barely exist.If you want to find out more how "brave&smart" is China read : How China is ruled: Communist Party and what is Communism

this may  cause a problem for bitcoin. if xi jinping decided to ban cryptocurrency, there is no way bitcoin could thrive in that market. it will be also hard to reverse this decision

They've already banned all crypto exchanges in country,now they are working on the methods how to prevent Chinese citizens to use international exchanges.Only thing working in China regarding cryptocurrency is mining,they allow that just because it make huge profit for them.Money that comes to country is not a problem, but uncontrollable cash outflow through cryptocurrency is unacceptable.

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[
tee-rex
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March 14, 2018, 06:43:56 PM
 #20

They've already banned all crypto exchanges in country,now they are working on the methods how to prevent Chinese citizens to use international exchanges.Only thing working in China regarding cryptocurrency is mining,they allow that just because it make huge profit for them.Money that comes to country is not a problem, but uncontrollable cash outflow through cryptocurrency is unacceptable.

Well, I have to confess I never understood that thing. Could anyone please explain to me in layman terms what this "uncontrollable cash outflow" means in practice? I understand when people buy gold and try to move it across the border because it physically leaves the country. But bitcoin is sort of transcendental in the sense it doesn't recognize borders anyway. So it kinda doesn't need to be moved anywhere since it's already everywhere, Jinping or no Jinping. Where's the catch here?


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.Transparent....






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