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World stocks higher on China recovery optimism

<!– google_ad_section_start –> BANGKOK (AP) — World stock markets rose Monday on optimism that China’s economic recovery is firmly taking root. Many analysts expect China’s fourth quarter and 2012 growth figures due Friday to show the world’s No. 2 economy continuing to bounce back from its worst slump since the 2008 financial crisis. Sentiment improved last week after Japan announced a $224 billion stimulus package to boost its recession- and deflation-mired economy. A strong economic recovery has eluded Japan for more than 20 years since the bursting of its financial bubble in the early 1990s. <!– google_ad_section_end –>

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World stocks higher on China recovery optimism

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