The Conference Board Leading Economic Index® (LEI) for China increased 1.3 percent in June. The index stands at 294.0 (2004 = 100), following a 0.7 percent increase in May and a 1.1 percent increase in April. Five of the six components contributed positively to the index in June. “June’s pickup in the leading economic index for China is unlikely to be fully felt until the final quarter of the year, even though slight monetary loosening and better export performance could underpin more economic activity sooner,” says Andrew Polk, resident economist at The Conference Board China Center in Beijing. “The economy’s recent ... (full story)