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ABC News
ABC News
National
Iris Zhao with wires

Fears Xi Jinping flaunting 'collective prosperity' in CCP Congress speech, signalling further winding back of economic reforms

After Chinese President Xi Jinping gave a speech strewn with words such as "common prosperity" and "struggle", experts fear the Chinese Communist Party's economic approach could send the country backwards and cause more headaches for the global economy.

Mr Xi was delivering the traditional "work report" as the general secretary at the opening on Sunday of the Party's week-long 20th National Congress.

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