Economics
Early China Data Show Economy on Firmer Footing in December
- Satellite activity gauge stabilizes near a five-year high
- The mood among executives was the brightest in two years
This article is for subscribers only.
China’s economy is closing out the year on a high note as the earliest December indicators show no sign expansion is faltering after three straight quarters of 6.7 percent growth.
Large and small firms reported stronger momentum, private surveys show. The mood among executives was the best since August 2014. Sales managers had a stable outlook, even as conditions at factories and steelmakers edged down.