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April 19 (Bloomberg) -- Stocks slumped in Asia and Europe on concern China will raise interest rates in response to faster- than-expected economic expansion.
Shares in China fell the most in seven weeks, led by China Vanke Co., the nation's biggest developer. Benchmarks in Australia and South Korea also retreated from records. Stocks in Europe fell the most in more than a month, paced by BHP Billiton Ltd., the world's largest mining company. The yen and U.S. Treas