BANGKOK (AP) — Asian stock markets were mostly lower Monday as hopes dimmed for aggressive moves by China to stimulate its slowing economy.
China’s consumer price index for September rose 1.9 percent from a year earlier, easing from August’s 2 percent rise, but analysts said closer examination of the figures suggest China’s government and central bank will be cautious about doing more to boost growth in the world’s No. 2 economy.
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