Xi Jinping set for 3rd grand coronation in October. What it means for the world

Chinese President Xi Jinping is set for a third grand coronation, becoming the 'most powerful' leader in China since Mao Zedong's regime. As per Chinese state broadcaster CCTV's report, ruling Communist Party will hold its five-yearly Congress beginning on October 16, when it will anoint Xi Jinping for a historic third term. China's Politburo Standing Committee will hold a meeting behind closed doors at the Great Hall of the People on the western side of Tiananmen Square in central Beijing. Watch this video to find out what it means for the world.