Asian stock markets rose on Tuesday, investors registered for China's spending priorities, announced on its annual congress approval.
In Hong Kong and mainland China market attracts encourage speech's outgoing prime minister, wen jiabao, introduce the country's budget every year in the National People's Congress, mainly is the etiquette of the opening of the legislation.
Mr Wen promised deficit spending, to cope with this year's growth targets is 7.5%, reflected in the ruling communist party's latest five-year development plan. This paper mentioned agriculture and energy subsidies, and say, the country's cracking down on corruption and improve the environment.
Hong Kong's hang seng index rose 0.2% to 22572.15 point. The mainland of the Shanghai composite index rose 0.4% to 2281.44 points. Shenzhen stock exchange composite index rose 0.2% to 945.
In the Tokyo stock market rise of hope, the bank of Japan on Wednesday began a two-day meeting, may indicate the change of monetary policy, in order to conform to the new prime minister, Shinzo Abe, (Shinzo Abe) advocated by the program. The nikkei 225 index rose 0.7% to 11734.79.
Wall Street stock market closed on Monday go high, because investors despite Washington's budget of the uncertainty. President barack Obama and his political opponents, there is no consensus of rolling way back and forth effective automatic spending cuts, Friday. These cut cut $85 billion, from the state budget, this may be the slowing economy.
The dow Jones industrial average index rose 0.3%, to close at 14127.82 point. Standard &poor's 500 index rose 0.5% to 1525.20 point. The nasdaq composite index rose 0.4% to 3182.03 point.
April delivery benchmark crude oil on the New York mercantile exchange electronic dish in trading up 24 cents to $90.36 a barrel. This contract fell 56 cents at $90.12 a barrel on the New York mercantile exchange (Monday).
In currency markets, the euro against the dollar rose $1.3022 to $1.3027 in New York on Monday night. The fall in the dollar to 93.37 yen, from 93.42 yen.
 
 



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