China's Stocks Rise on Fiscal Pledge, Nikkei Drops

China's Stocks Rise on Fiscal Pledge, Nikkei Drops

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China equities rose after an official hinted at prospective expenditure plans, while shares in other Asian markets slumped following weak US earnings reports and Federal Reserve pushback on interest-rate lowering expectations. China's CSI 300 rebounded from a four-day low, while Hong Kong's Hang…

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