China’s economic recovery continued in December, underpinned by booming global demand for exports, rising commodity prices and a rallying stock market.
That’s the outlook from the latest aggregate index combining eight early indicators tracked by Bloomberg, which was unchanged from last month.
China was already pulling further ahead of other major economies in November, with domestic demand growing, foreign investment rising and record export demand propelling growth even as other major nations struggle amid soaring virus cases. With the Communist Party signaling there won’t be a sudden withdrawal of monetary and fiscal assistance, there’s growing confidence for a
That’s the outlook from the latest aggregate index combining eight early indicators tracked by Bloomberg, which was unchanged from last month.
China was already pulling further ahead of other major economies in November, with domestic demand growing, foreign investment rising and record export demand propelling growth even as other major nations struggle amid soaring virus cases. With the Communist Party signaling there won’t be a sudden withdrawal of monetary and fiscal assistance, there’s growing confidence for a