China’s economic recovery continued this month, underpinned by expansive fiscal policy as investors await a potential resolution of the trade war with the U.S.
That’s according to a Bloomberg Economics gauge aggregating the earliest available indicators on market sentiment and business conditions. Although stocks weakened in the second half of April, the big gains since the start of the year kept the the three-month weighted average positive. Copper prices, sales managers and smaller enterprises reported weaker readings.
