Chinese Stocks in U.S. Gain on Economic Data, Interest Rates

Chinese stocks traded in the U.S. rose toward the highest in a month after the central bank refrained from increasing interest rates and economic indicators showed the economy is withstanding tightening policies.

Aluminum Corp. of China Ltd. and other commodity companies gained as copper futures climbed to a 31-month high in New York and to a record in London after China didn’t raise borrowing costs. PetroChina Co. rose after Xinhua News Agency said the company discovered an oilfield in Gansu province.