Chinese “reforms” continue: Xi Jinping using Mao’s old slogan “common prosperity” led to weakness in luxury goods stocks. The antigraft watchdog is now probing Communist Party leaders in Hangzhou, the hometown of Alibaba.
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Chinese “reforms” continue: Xi Jinping using Mao’s old slogan “common prosperity” led to weakness in luxury goods stocks. The antigraft watchdog is now probing Communist Party leaders in Hangzhou, the hometown of Alibaba.