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(guān)于國家主席連續(xù)任職不得超過兩屆的規(guī)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(fā)中國富人群體的資本外逃潮。人民幣疲軟可能讓中國企業(yè)更難償還境外美元債務(wù)，而去年這種債務(wù)大幅上升。
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