3. Hu, Wen bow out; Xi took over
Chinese President Hu Jintao and Premier Wen Jiabao bowed out of the top leadership of the ruling Communist Party of China on November 14,2012 after a 10-year stint in power, as the Party's key Congress wrapped up its meeting after electing a new set of younger leaders including Xi Jinping, widely tipped as the new boss.
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