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Chinese Markets Fall as Xi Stacks CCP With Loyalists

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Chinese Markets Fall as Xi Stacks CCP With Loyalists
People walk across a bridge with a stocks indicator board in the financial district of Lujiazui in Shanghai on Oct. 17, 2022. Hector Retamal/AFP via Getty Images
Andrew Thornebrooke
Updated:
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News Analysis

News that Chinese communist leader Xi Jinping would assume a third term in power sent markets into a dive on Oct. 24, marking a broader pessimism that the leader’s policies will have negative consequences for the global economy.

Andrew Thornebrooke
Andrew Thornebrooke
National Security Correspondent
Andrew Thornebrooke is a national security correspondent for The Epoch Times covering China-related issues with a focus on defense, military affairs, and national security. He holds a master's in military history from Norwich University.
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