Chinese stocks jumped to the highest level in seven years Wednesday as investors bet authorities will unleash new economic stimulus while other world indexes were uneven before the conclusion of a key Federal Reserve meeting, AP reported. European stocks were tepid in early trading, with France's CAC 40 down 0.2 percent to 5,019.86. Germany's DAX slipped 0.2 percent to 11,956.21. Britain's FTSE 100 added 0.3 percent to 6,854.70. U.S. stocks were poised to edge higher. S&P 500 futures were up 0.1 percent to 2,068.00. Chinese stocks are still riding high after Premier Li Keqiang said on the weekend that policymakers have enough room and tools to shore up economic growth if it falters. The Shanghai Composite Index in mainland China was the star performer, leaping 2.1 percent to end at 3,577.30, the highest close since May 2008. Japan's Nikkei 225 index edged up 0.6 percent to 19,544.48 and South Korea's Kospi slipped 0.1 percent to 2,028.45. Southeast Asian indexes were mostly lower. Benchmark U.S. crude oil was at its lowest in more than six years, falling 84 cents to $42.62 a barrel in electronic trading on the New York Mercantile Exchange. The contract dropped 42 cents to $43.46 a barrel on Tuesday. Brent crude, a benchmark for international oils used by many U.S. refineries, fell 3 cents to $53.48 in London. The dollar weakened to 121.22 yen from 121.34 in late trading Tuesday. The euro strengthened to $1.0611 from $1.0595.