Markets
China Considers Stimulus to Boost Consumers, Ease Trade Risk
- VW, Apple rise on potential boost for cars, electronics sales
- Data showed growth beat economists’ estimates in first quarter
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China may be poised to take more stimulus steps to drive an expansion showing renewed signs of health.
Officials are drafting measures to bolster sales of cars and electronics, according to people familiar with the matter, who asked not to be named because they aren’t authorized to discuss the plan. That news coincided with data showing a 6.4 percent year-on-year expansion in the first quarter -- beating economists’ estimates.