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Nikkei trims gains after China GDP data

Wed Apr 15, 2009 11:41pm EDT

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TOKYO, April 16 (Reuters) - Japan's Nikkei average trimmed gains on Wednesday after data showed China's economy grew 6.1 percent in the first quarter from a year earlier, its slowest ever quarterly growth.

Stocks  |  Asian Markets  |  Japan

Stocks seen as influenced by demand from China, such as Nippon Steel Corp (5401.T), the world's second-biggest steelmaker, pared gains. Shippers lost ground as well, as did automakers. The benchmark Nikkei .N225 was up 2.2 percent at 8,934.65. It had finished the morning with gains of 2.9 percent after earlier climbing more than 3 percent. (Reporting by Elaine Lies)

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