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China's Economic Slowdown Marks Test for Xi Jinping

  • Chinese economy is slowing in 2023, jeopardizing 5% annual growth target.
  • Property market bust and local government debt weighing on economy.
  • Xi's "common prosperity" agenda faces hurdles from economic woes.
  • Xi's consolidation of power leaves him vulnerable if economy worsens.
  • Youth discontent, unemployment, and passive protest worsening economic outlook.
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