News Snapshot:
- A + A BEIJING (April 9): China’s factory gate prices beat analyst expectations to rise at their fastest annual pace since July 2018 in March in the latest sign that a recovery in the world’s second-largest economy is gathering momentum. China’s producer price index (PPI) rose 4.4% in annual terms, the National Bureau of Statistics (NBS) said in a statement, far above a 3.5% rise forecast in a Reuters poll and up sharply from a 1.7% increase in February. The inflation data is the latest indicator to point to robust economic growth in the January-March quarter. Data last week...
