China’s Economy Holds Up in February

The solid start to the year for China’s economy remains intact amid distortions accompanying the long spring festival holiday, the earliest indicators for February show.

Smaller enterprises have a more upbeat outlook, financial experts are increasingly optimistic and sentiment in the steel industry is recovering. Still, the week-long Lunar New Year holiday that ended Feb. 21 did disrupt some economic activity, as sales managers saw a slight slowdown and satellite imagery indicates that manufacturing momentum has eased.