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China's economic recovery flounders amid debt, property slump and more - Is a major government stimulus likely?
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consumer spending, a crisis-ridden property market, flagging exports, record youth unemployment and towering local government debt. The impact of these strains is starting to reverberate around the globe, impacting everything from commodity prices to equity markets.
The risk of Fed hikes tipping the US into recession has also heightened the prospect of a simultaneous slump in the world's two economic powerhouses. (With inputs from Bloomberg and Reuters)
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