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A ship loaded with container boxes is seen at a port in Qingdao, Shandong province.   © Reuters
Economy

As Xi touts economic successes, more challenges loom

President's strong-arm management style pushing market reforms aside

ISSAKU HARADA, Nikkei staff writer | China

BEIJING -- Despite the economic successes highlighted in an address to key Communist Party members, Chinese President Xi Jinping faces a daunting set of issues, ranging from soaring property prices to industrial overcapacity, as he leads the country in the next five years.

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