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China Investors Pick Winners From Xi’s New Economic Mantra

  • Investors debate implications of new ‘dual circulation’ focus
  • Proposal has sparked some ‘heated discussion,’ CICC says
Xi Jinping
Xi JinpingPhotographer: Justin Chin/Bloomberg
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“Dual circulation” might not sound like the niftiest moniker for an equity strategy, but it’s a phrase that’s captured the attention of investors in China’s $9.4 trillion stock market.