Chinese Yuan Rises As Industrial Output, Stimulus Boost Economy

Apr 27,2019 04:02   Source:Earnforex
The Chinese yuan is rallying at the end of the trading week, buoyed by better industrial output and continued stimulus by the federal government. Despite Beijing noting that economic growth is improving, analysts are still encouraging the government to maintain its interventionist policies – both monetary and fiscal. Industrial production is surging in the world’s second-largest economy. One area in particular is turning investors’ heads: cement output. In March, China produced […]

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