China's Economic Risks Mount Amid Real Estate Troubles and Limits on Government Action
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China faces economic risks from real estate crisis and government policies limiting options to intervene
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Government unlikely to enact sweeping stimulus measures due to focus on "common prosperity" agenda
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Prolonged economic pain could result without aggressive government intervention
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Slowdown and deflation already emerging, impacting consumer spending and foreign investment
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Companies with exposure to China face heightened risks given economic and political uncertainties