China's central bank boosted liquidity in the financial system ahead of the release of official data that showed a faster-than-expected acceleration in industrial production and retail sales growth, which waned the possibility of the economy facing a substantial slowdown, although the real estate market continues to pose risks along with unfavorable external conditions.
Ahead of the release on Wednesday, the People's Bank of China rolled over the medium-term lending facility loans at 2.5 percent.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.