Leading Indicators in China Give Investors Hope That Economic Expansion is Steady

“A leading index for China rose at the same pace in April as the prior month, offering investors some comfort that the world’s second-biggest economy may avoid a deeper slowdown.

The gauge increased 0.8 percent from March to 232.4, the New York-based Conference Board said in an e-mailed statement today, citing a preliminary reading. That compares with a 0.8 percent gain in March and 1 percent in February.”

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