The proposed abolition of a constitutional two-term limit on Xi Jinping’s presidency is politically momentous. The impact for foreign investors will depend on whether the move spurs capital flight among China’s wealthy. A weaker renminbi could make it tougher for Chinese companies to service offshore dollar debts, which rose massively last year.
中國提出取消憲法中關于國家主席連續任職不得超過兩屆的規定，這在政治上具有重大意義。對外國投資者的影響將取決于此舉是否會引發中國富人群體的資本外逃潮。人民幣疲軟可能讓中國企業更難償還境外美元債務，而去年這種債務大幅上升。
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