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European Stocks Advance Amid China Stimulus Speculation

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European stocks rose the most in a month as an unexpected decline in Chinese manufacturing boosted speculation the government will announce further stimulus.

BHP Billiton Ltd., the world’s biggest mining company, climbed 1 percent as copper gained. Davide Campari-Milano SpA surged 8 percent after agreeing to buy Lascelles deMercado & Co., the Jamaican maker of Appleton rum. U.K. homebuilders advanced as analysts recommended Bovis Homes Group Plc.