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Emerging-Market Stocks Pare Losses After Chinese Cut

July 5 (Bloomberg) -- Emerging-market stocks pared losses after China cut its benchmark interest rate.

The MSCI Emerging Markets Index fell less than 0.1 percent to 955.94 at 12:03 p.m. in London. It was down 0.1 percent immediately before the Chinese move was announced.

To contact the reporter on this story: Jason Webb in London at jwebb25@bloomberg.net

To contact the editor responsible for this story: Michael Patterson at mpatterson10@bloomberg.net

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