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Authoritarian leaders worldwide are confronting mounting crises of their own making. But while Chinese President Xi Jinping and Russian President Vladimir Putin face slower-brewing challenges, Turkish President Recep Tayyip Erdoğan and US President Donald Trump seem to be bringing matters in their respective countries to a head.

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As the gap between bulls and bears grows, volatility is rising ‘This is no normal market,’ says CLSA analyst Nicole Wong Nothing divides analysts in Asia quite like the outlook for Chinese property companies, and that’s turning their shares into some of the region’s most volatile investments.

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