Xi Jinping is China’s new president

Xi Jinping was appointed China’s president on Thursday, March 14, during a meeting of the National People’s Congress. The appointment formalizes his leadership of the world’s second largest economy and the world’s most populous nation. The 59-year-old leader is being elected for a 5-year term but will hold the post for 10 years. While he has threatened to crack the whip on corruption because grafters could “kill the party,” Xi may be compromised by reports that his own family had amassed hundreds of millions of dollars in assets. He has however managed to remain free of accusations of wrongdoing.

Read the full story on Rappler.