Conference Board Leading Economic Index for China: +1.1% m/m

Conference Board Leading Economic Index for China: +1.1% m/m for April

• + 0.5% in March & + 1.4% in February

Coincident Economic Index (measures current economic activity):

• Unchanged in April
• +2.9% in March and -0.7% in February

Comments from Jing Sima, senior economist at The Conference Board China Center in Beijing:

"Despite April's gain in the Leading Economic Index for China, its six-month increase rate continues to slow, confirming a soft growth outlook for China's economy through the summer

In addition, the flatness in the Coincident Economic Index for China suggests that the series of growth-support measures announced so far this year has not yet strengthened economic activity."