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September 01, 2020 1:37pm
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Why investors are fleeing Chinese assets as Xi tightens grip on power

China’s top leader, Xi Jinping, secured a groundbreaking third leadership term on Sunday and introduced a new Politburo Standing Committee stacked with loyalists in a clean sweep not seen since the Communist Party founder Mao Zedong era. Financial markets are in turmoil just one day into Xi’s new term.
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