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The Conference Board Leading Economic Index for China increased in December
The Conference Board Leading Economic Index® (LEI) for China increased 1.1 percent in December to 311.6 (2004 = 100), following a 0.8 percent increase in November and a 0.9 percent increase in October. Five of the six components contributed positively to the index in December. “China's current economic activity picked up in December on the back of strong consumption and a surge in electricity production,” said Andrew Polk, resident economist at The Conference Board China Center in Beijing. “Meanwhile, the leading economic index for China accelerated only slightly in December with consumer expectations and real ... (full story)