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You're reading: Asia stocks gain as China slows less than expected
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Benchmark oil rose to near $100 per barrel, while the dollar fell against the yen and the euro.

Japan’s Nikkei 225 index added 0.8 percent to 8,447.77. Hong Kong’s Hang Seng climbed 1.9 percent at 19,373.30 and South Korea’s Kospi jumped 1.6 percent to 1,889.09. Australia’s S&P/ASX 200 gained 1.5 percent to 4,210.70.

Shares in mainland China briefly slipped into negative territory before recovering after the release of government figures showing that growth in the world’s second-largest economy slowed in the final quarter of 2011 to 8.9 percent, its lowest rate in 2 1/2 years.

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