Asia Breaking News: China's Easy Money Gesture Raises Stocks for Now

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Asia Breaking News: China's Easy Money Gesture Raises Stocks for Now

by Wochit 0:47 mins

Asia Breaking News: China's Easy Money Gesture Raises Stocks for Now

by Wochit 0:47 mins

Chinese stocks rose the most they have since July 11 after Chinese press reports indicated the government sees 7% growth as the botto- line it will tolerate for economic-growth. Chinese police have questioned two more AstraZeneca employees in Shanghai, after a sales representative was taken away for questioning earlier. Drug manufacturer GlaxoSmithKline, under investigation on suspicion its employees bribed Chinese doctors, said some of its executives may have broken the law.

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