Abstract
The anisotropic-exchange spin-1/2 model on a triangular lattice has been used to describe the rare-earth chalcogenides, which may have exotic ground states. We investigate the quantum phase diagram of the model by using the projected entangled pair state (PEPS) method, and compare it to the classical phase diagram. Besides two stripe-ordered phase, and the 120$^\circ$ state, there is also a multi-\textbf{Q} phase. We identify the multi-\textbf{Q} phase as a $Z_{2}$ vortex state. No quantum spin liquid state is found in the phase diagram, contrary to the previous DMRG calculations.
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