BANGKOK—Asian stock markets rose Tuesday as investors registered approval for China's spending priorities announced at its annual congress. Markets in Hong Kong and mainland China drew encouragement from a speech by outgoing Premier Wen Jiabao and presentation of the country's budget at the opening of the annual National People's Congress, a largely ceremonial legislature. Wen promised deficit spending to meet a growth target this year of 7.5 percent that is enshrined in the ruling Communist Party's latest five-year development plan. Wen mentioned subsidies to agriculture and energy conservation and said the country was committed to fighting corruption and improving the envir...
Keep on reading: Asia stocks rise as China announces budget
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