New Capital- Markets Buoyed by China’s Manufacturing Gauge Returning to Growth

2020-04-17 07:13
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Stocks started the second quarter on a positive note after an index of Chinese manufacturing activity moved back into expansionary territory having dropped for three consecutive months. The government’s fiscal and monetary stimulus seemed to have lessened the headwinds from trade disputes. The Shanghai Composite rose 5% in a holiday-shortened week, ending Thursday at its highest level since March 2018.

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