China's LEI Continues to Climb in October

November 25, 2014
"Growth in the China Leading Economic Index eased a bit in October, driven by continued weakness in consumer expectations," said Andrew Polk, economist at The Conference Board China Center. "Meanwhile, the central bank cut interest rates in late November amid weak current economic conditions. This is consistent with the moderating growth rate in the Coincident Economic Index, which registered zero growth for the first time since January 2014."
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