China's GDP figures show signs of recovery

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 67%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

The data is seen by some as a sign Beijing's policy stimulus may finally be helping the world's second-largest economy

In January,on how much capital the country's lenders must hold in cash reserves, the fifth time in a year that the People's Bank of China had made such a move.

An 8.5% pick-up in industrial input during March was the fastest since mid 2014 and boosted by the output of construction materials such as cement, steel and machinery. "We think [the stronger-than-expected data] is somewhat linked to the stimulus, but we can't attribute it all to it." The reaction in Europe was muted, with TF Global markets chief market analyst Naeem Aslam saying markets had"decided not to celebrate the strong economic data".

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines