Weak demand in Asia calls for more stimulus

April 1, 2015 6:43 AM

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Weak demand in Asia calls for more stimulus

(Reuters) - Companies struggled in China and much of the rest of Asia in March amid persistently weak domestic and global demand, suggesting that policymakers may have to resort to more stimulus to spur growth.

Three separate surveys of China's factory and services sectors released on Wednesday showed stubborn weakness in the world's second-biggest economy, putting the government's newly minted growth target of around 7 percent for the year at risk.

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