News Snapshot:
BEIJING (AFP) - Chinese factory prices hit a more than two-year high in March, data showed on Friday (April 9), highlighting the country’s strong recovery but feeding concerns it could filter through to the global economy just as central banks battle to maintain ultra-loose monetary policies and low interest rates. Having largely navigated the pandemic crisis early last year, the Asian powerhouse has enjoyed months of improvement across the board and was the only major economy to expand in 2020. And now the roll-out of vaccines in major markets is gathering pace, demand for China’s goods continues to rise, putting...
