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Asian Stocks Seek to Stabilize Amid China's Economic Growth Worries
August 2nd, 2021 - 11:00 GMT

Asian Stocks Seek Stabilizing Amid China's Economic Growth Worries

Asian stocks were trying find a modicum of stability on Monday as a run of stellar US corporate revenues pushed the markets, amid Chinese regulatory crackdown continued to reverberate amid disappointing economic news. China's woes were underlined by surveys showing factory activity slowing sharply in July amid rising costs and extreme weather. In contrast, Europe's economic recovery outpaced all expectations last quarter, while U.S consumers spent with abandon in June ...
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