China’s growth slowed more than forecast last quarter to the least in almost three years, prompting economists to predict a rebound as Premier Wen Jiabao loosens policy to counter weak domestic and European demand.
Most Asian stocks outside Japan and China rose, led by mining companies, amid speculation U.S. stimulus measures will boost global demand. Shares in Shanghai and Hong Kong retreated as Citigroup Inc. cut its 2013 growth outlook for China.
China’s stocks fell, dragging the benchmark index down by the most among Asian indexes, on concern the nation’s economic slowdown is deepening and a possible jump in initial public offerings will drain capital.
China’s stocks fell, driving the benchmark index to its biggest loss in two weeks, on speculation the government won’t ease monetary policy even as the economy slows, hurting demand for products from autos to cement.
China’s Premier Wen Jiabao is seen signaling next month that curbing pollution, inequality and the risk of financial instability eclipse the benefits of faster economic growth, a survey of analysts indicated.