China's Xi Jinping expands powers and promotes allies at party congress
CBSN
Beijing — President Xi Jinping, China's most powerful leader in decades, increased his dominance Sunday when he was named to another term as head of the ruling Communist Party in a break with tradition and promoted allies who support his vision of tighter control over society and the struggling economy.
Xi, who took power in 2012, was awarded a third five-year term as general secretary, discarding a custom under which his predecessor left after 10 years. The 69-year-old leader is expected by some to try to stay in power for life.
The party also named a seven-member Standing Committee, its inner circle of power, dominated by Xi allies after Premier Li Keqiang, the No. 2 leader and an advocate of market-style reform and private enterprise, was dropped from the leadership Saturday. That was despite Li being a year younger than the party's informal retirement age of 68.

A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not "scheme" to mislead investors. In:












