Economics
China Stocks Rise Most in 2 Weeks as Li Report Spurs Growth Bets
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China’s benchmark stock index rose the most in almost two weeks as investors speculated the government will lift spending on railroads and environmental gear to maintain economic growth of at least 7 percent.
CSR Corp. and China Railway Construction Co. rallied more than 7 percent after China Business News reported state-run China Railway Corp. may increase investment for railway construction this year. Fujian Longking Co., which makes pollution-control equipment, climbed to a seven-week high after China Business News said the government will invest 100 billion yuan ($16 billion) annually over five years to curb dirty air.