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Asian Stocks Rise While Chinese Markets See Volatility After Stimulus Cues

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Stimulus,China,Stock Market

Most Asian stocks edged higher on Monday, while Chinese markets experienced significant fluctuations after China offered somewhat vague details about its planned fiscal stimulus measures. While the finance ministry announced plans for increased debt issuances and support for provincial governments, a lack of specifics regarding scope and timing dampened investor enthusiasm.

Investing.com-- Most Asian stocks crept higher on Monday, while Chinese markets clocked wild swings after the country offered somewhat middling cues on its plans to dole out fiscal stimulus, while inflation data read weaker than expected.Dow Jones Industrial Average

China’s finance ministry said over the weekend that it will roll out fiscal stimulus measures, including more debt issuances and support for provincial governments.

 

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