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Markets

Triple headwinds bear down on China stocks and yuan

Slow recovery, deflation risk and nervous investors make for tough economic management

Chinese stocks have lost steam amid growing economic uncertainty.   © Reuters

SHANGHAI -- A slowing economic recovery, deflation fears and risk-averse foreign investors are weighing on China's financial markets, driving down both stock prices and the value of the yuan.

China's economy bounced back after the government lifted its zero-COVID restrictions in December. But the recovery has lost steam.

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