Economics
Earliest Gauges Show China's Economy Seeing First Signs of Pickup
- Stocks and commodities rose on trade truce and monetary easing
- Too early to say better sentiment benefits economy: economist
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China’s economy is showing the first signs of recovery after months of slowdown, as stock and commodity rallies lift confidence.
That’s the message from a Bloomberg Economics gauge aggregating the earliest available indicators on market sentiment and business conditions. Key stocks and commodities led gains, and smaller firms became more confident. At the same time, gauges of inflation, trade and sales-manager sentiment signal that it may still be too early to say China has bottomed out.