Many say that the global recovery will start in China and then spread elsewhere. That is where the first signs of recovery are sought and therefore the following represent surprisingly good news:
The rebound in investment and slump in exports suggest China is being pulled in two directions but there are increased signs that the stimulus package is having an effect and could lead to higher growth than previously assumed. Increasing spending to support consumption and pent-up consumer demand suggest Chinese downturn was cyclical not structural (AMP Capital)
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