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President Xi Jinping arrives to a session of the National People's Congress. Photo: Kevin Frayer / Getty Images

China's National People's Congress overwhelmingly passed a constitutional amendment to eliminate presidential term limits, paving the way for President Xi Jinping to stay in power after his second term ends in 2023. The vote was as follows, per the AFP's Joanna Chiu: 2958 in favor, 2 against, 3 abstentions, 1 invalid vote.

Why it matters, according to Axios contributor Bill Bishop: Xi is working to obliterate any boundaries between party and state and to reinsert the Communist Party of China (CPC) into all aspects of China's economy and society — all while ensuring he's the unchallenged embodiment of the CPC. The end result will be Xi's complete dominion over all parts of Chinese government and society.

Go deeper

What happens now that emergency orders are lifting

Expand chart
Data: National Academy for State Health Policy and various governor declarations; Chart: Sara Wise/Axios

Soon, more than half the states will have ended their formal emergency declarations for the pandemic — which could have a ripple of effects across the economy.

Why it matters: Lifting those orders will allow businesses to serve more customers, but will also end certain safety nets, including expanded food and housing assistance, as well as eviction protections.

Updated 3 hours ago - World

500 Hong Kong police officers raid pro-democracy newspaper

Chief Operations Officer Chow Tat Kuen (front 2nd R) is escorted by police from the Apple Daily newspaper offices before being put into a waiting vehicle in Hong Kong on Thursday. Photo: Anthony Wallace/AFP via Getty Images

Hong Kong's Apple Daily said 500 police officers searched the pro-democracy newspaper's offices and arrested five senior executives on Thursday.

Why it matters: The arrests of the paper's chief editor, Ryan Law, along with its chief operating officer, two other editors and the CEO of Next Digital, which operates Apple Daily, were made under China's national security law — which gives the government broad power to limit people's political freedom.

World Bank rejects El Salvador's request to help implement bitcoin

President Nayib Bukele, giving a speech in El Salvador's legislative assembly in San Salvado earlier this month, pushed for bitcoin to become legal tender. Photo: Emerson Flores/APHOTOGRAFIA/Getty Images

The World Bank has rejected the government of El Salvador's request to help the country implement Bitcoin as legal tender, Reuters first reported late Wednesday.

Why it matters: The international lender's rejection could hamper the government's goal of making the digital currency accepted across the country within three months.