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Asia Increasingly Looking to China to Drive Regional Growth

With uncertainty over economic policy direction in the United States, Southeast Asian economies appear less reliant on U.S. monetary decisions, with analysts saying China's influence is likely to keep growing in the region. On Thursday, a sign of the region's greater financial independence came as most regional markets failed to follow a .25 basis point rise in interests rates set by the U.S. Federal Reserve. But China, Hong Kong and Singapore did raise interest rates. London...

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