Economics
China’s Economy Picked Up in December, Early Indicators Show
- Bloomberg-compiled data signaled first improvement since April
- Brightening demand and easing trade tension boosted production
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China’s economic performance improved in December for the first time in eight months, according to a group of earliest-available indicators compiled by Bloomberg.
Production in the world’s second-largest economy accelerated as domestic demand stabilized, and market sentiment turned around on the prospect of a near-term trade deal with the U.S.