Asian stocks surge as China supports equity markets By Investing.com

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Asian stocks surge as China supports equity markets

rose 0.6% as data showed that retail spending remained strong through July, indicating some economic resilience despite high interest rates in the country.China PMIs, U.S.

inflation awaited this weekpurchasing managers’ indexChina’s manufacturing sector is expected to have contracted for a fourth consecutive month, presenting more economic headwinds for Asia’s largest economy.

 

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