Risk on as China growth beats estimates

Aussie surges as growth tops forecasts AUD/USD climbed to the highest in almost two months after the Chinese economy grew more than expected in the first quarter. The economy expended 6.4% from a year earlier,…

OECD Warns on Side Effects of China Stimulus

Posted 39 minutes agoShare Print China’s stimulus measures will shore up economic growth this year and next but may undermine the country’s drive to control debt and worsen structural distortions over the medium term, the…

HSBC Optimistic on China Growth

Posted 57 minutes agoShare Print China’s stimulus-boosted private sector is on track to lead the economy to a “self-sustained recovery” that could see growth hit 6.6 percent this year, according to HSBC. And while that…