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Xi Set to Unveil New Doctrine That Could Let Him Rule for Life

The Chinese Communist Party’s first official declaration on history in 40 years is expected at its biggest event of this year.

Bloomberg business news

WATCH: The Chinese Communist Party’s sixth annual policy plenum kicks off on Monday. John Liu reports.

Only two men in the Communist Party’s history have ever written a so-called historical resolution. China is waiting to see whether President Xi Jinping becomes the third.

The first official declaration on Chinese history in 40 years is set to top the agenda when the ruling party huddles this week in the last major meeting before a twice-a-decade congress next year, where Xi’s expected to break precedent and secure a third term to extend his indefinite rule.