China stocks rise again despite bad March export data

April 13, 2015 7:10 AM

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SHANGHAI, April 13 (Reuters) - Chinese stocks jumped to fresh seven-year highs on Monday, after surprisingly bad export data reinforced expectations the government will unveil fresh stimulus moves to aid the economy.

Data released on Monday showed China's exports contracted 15 percent in March from a year earlier, a stunning drop that strengthens belief the government will soon act to boost growth.

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