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Asian Stocks Plunge on Weak Factory Activity

Volatility in China’s stock market on Tuesday and the release of manufacturing data is raising more concerns about the outlook for the Chinese economy, even as officials here insist the situation is under control. Stock prices on the country’s main index in Shanghai plunged almost 5 percent shortly after opening on Tuesday. A rocky round of trading followed, before the market closed down 1.2 percent. Analysts said the release of more bad economic data weighed...

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