HONG KONG — If the initial summary of China’s highly anticipated economic policy plan disappointed analysts last week, the far more detailed plan that was released by the Chinese authorities late Friday more than made up for it. The reaction among investors and analysts to the document of more than 21,000 characters — roughly the equivalent of 17,000 words in English — that laid out the Communist Party’s decisions on how to overhaul the Chinese economy was overwhelmingly positive.
HONG KONG — Two surveys released Thursday buttressed the view that the giant Chinese economy is picking up a little speed after months of deceleration.
China’s economic growth slowed sharply in the first three months of this year, but recent efforts by policymakers to jump-start its economy, the world’s second largest, appear to be bearing fruit, with industrial and retail activity both rising during March, new data released Friday showed.
HONG KONG — Stocks in China rallied on Thursday, helped by the country’s newly announced decision to open its markets to more foreign investment and expectations that Beijing might soon take additional steps to bolster flagging economic growth.
HONG KONG — The devastating natural disasters that struck Japan last month have caused widespread concern about business conditions in coming months among Japanese companies, according to survey results released Monday by the Japanese central bank.