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Chinese economy risks deeper slowdown than markets realise, big banks say
Aggregated Source: ChinaLegalBlog.com

HONG KONG (BLOOMBERG) – China’s economy risks slowing faster than investors realise as President Xi Jinping’s push to cut its reliance on real estate and regulate sectors from education to technology combines with a power shortage and the pandemic. Bank of America and Citigroup are among those sounding the warning that expansion will fall short this year of the 8.2 per cent anticipated by the consensus of economists.…

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