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China’s ‘common prosperity’ push could put Tesla and these other U.S. stocks at risk, BofA says

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