DW Business July 13, 2024
A 6 week closing high today boosted by upbeat data pointing to resilience in the worlds 2nd largest economy now this is washington and beijing agreed to suspend a new round of tariffs this weekend signaling a thaw in relations experts however caution that an interim phase one trade deal is not going to end the trade dispute but its a step in the right direction. Is chinas economy finally moving along again Industrial Production rose last month by 6. 2 percent over a year ago. Normally thats nothing to get excited about but given the economys recent weak performance it was something for beijing...