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China’s common prosperity push may put these stocks at risk, says BofA

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Photo taken on Aug. 19, 2021 shows a stock market trend, Shiyan, Hubei Province, China.

Barcroft Media | Barcroft Media | Getty Images

China’s recent focus on “common prosperity” spells bad news for U.S. multinational companies with heavy exposure to the emerging market, and these stocks could have the most to lose, according to Bank of America.

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