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Weak China data knocks global stocks off record highs

Reuters  |  LONDON 

By Nigel StephensonLONDON (Reuters) - World stock prices pulled back from record highs after weaker-than-expected Chinese economic data, while sterling held steady before a Bank of England rate decision later on Thursday.Chinese real estate investment picked up last month, but factory output, fixed asset investment and retail sales in the world's second-largest economy all fell short of expectations.Shares fell in Asia, knocking MSCI's All-Country World index, which tracks shares in 46 countries, off a record high hit on Wednesday, when Asian shares hit their highest since 2007 and Wall ...

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First Published: Thu, September 14 2017. 14:02 IST