A leading indicator of Chinese economic activity recorded a steady increase in April, the Conference Board said Monday.
The leading economic index increased 0.8 percent from a month earlier to 232.4 in April, following a 0.8 percent rise in March and 1 percent gain in February.
Four of the six components contributed positively to the index in April.
The coincident economic index, which measures current economic activity, declined 0.8 percent in April to 216. This comes after a 0.6 percent increase in March and a 3.9 percent increase in February.
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