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China: Key financial indicators see improvement
(MENAFN)According to market analysts, China's main economic indicators counting consumption and investment are anticipated to show flexible expansion in May.
The country's expenditure will further increase in May, led by an expenditure boom throughout the five-day May Day holiday, stated Li Chao, chief economist with Zheshang Securities.
Li anticipates the consumption expansion rate in May to be 12.9 percent year on year, with further revival in the future.
Investments are also projected to keep fast expansion momentum with statistics pointing to price hikes of raw materials needed for infrastructure schemes
The country's expenditure will further increase in May, led by an expenditure boom throughout the five-day May Day holiday, stated Li Chao, chief economist with Zheshang Securities.
Li anticipates the consumption expansion rate in May to be 12.9 percent year on year, with further revival in the future.
Investments are also projected to keep fast expansion momentum with statistics pointing to price hikes of raw materials needed for infrastructure schemes
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