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Saturday, September 28, 2024

Chinese leader Xi Jinping’s power grab fueled a $6 trillion stock selloff and the yuan’s decline. These 4 charts capture the market meltdown.

China’s leader Xi Jinping has tightened his grip on power, shutting out reformers to effectively take sole charge of the world’s second-largest economy — and that has rocked markets. President Xi unveiled a new decision-making team stacked with like-minded political allies and publicly disrespected …

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