Xi Jinping’s term limit drop sparks long-term uncertainty

Foreign investors appear relaxed about China’s proposed constitutional amendment to the president’s two term limit, but political experts believe the move could engender more uncertainty over the longer term. The Communist Party of China announced several constitutional changes—the first since 2004—on February 25. While they do not directly impact economic reforms, foreign investors who AsianInvestor spoke to believe the amendments represents a further consolidation of power by Pr…