Economics
China’s Stocks Rise Most in Four Weeks as Indicator Shows Growth
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China’s stocks rose, sending the benchmark index to its biggest gain in four weeks, after a gauge of economic indicators signaled growth is withstanding Europe’s debt crisis and the faltering expansion in the U.S.
PetroChina Co. led gains by commodity producers after the Conference Board said its leading indicator index rose 0.6 percent in July. Dongfang Electric Corp. jumped the most in eight months, pacing a rally by nuclear power-related companies, after the China Securities Journal said the government may resume approvals for nuclear-power projects.