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Asian Stocks Fall After Weak China Manufacturing Data

Asian stock markets sank Wednesday after a new report fueled more worries over the slowdown in China's vital manufacturing sector. Chinese manufacturing activity fell to its lowest level in over six years, according to a preliminary version of the closely watched Caixin purchasing managers' index. The report adds to concerns over China's economic slowdown, as Beijing attempts to transition from an export-led to a domestic demand-led model of growth. On Wednesday, stock...

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