SSE Composite Closes Higher as China Maintains Steady Policies in 2013 -- City Index Asia
According to the organisation, stimulus measures and the approval of infrastructure projects in the country will help drive growth, averting the slowdown so many had feared.
Chinese policymakers have approved two interest rates since June and have signed off on infrastructure projects worth in excesses of $150 billion (£94 billion).
The international financial institution added that the improvement in factory sector output and investment indicates the economy is “bottoming out.”
Indeed, the World Bank now anticipates China to grow by 8.4 per cent next year, which is an upward revision from its earlier estimate of 8.1 per cent.
At close of play this morning, the Shanghai Composite index was flat, ending the day on 2162.2 points.
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2013년 4월 29일 10:32
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2013년 2월 15일 10:38