China’s economy had a steady start to 2019

Hong Kong (CNN Business)China’s economy could be showing renewed signs of life in 2019. Chinese government statistics showed that growth in the first three months of the year was supported by strong manufacturing production and greater spending by Chinese consumers. While China’s current economic growth rate is still its slowest in decades, there have been signs of positivity in recent weeks, with indicators including property prices and bank lending suggesting a more bullish hue. Analysts said that investors will now turn to the possibility of an agreement on trade issues between the United States and China in the coming weeks. Investors’ “risk appetite should improve as China’s economic downturn risk is contained,” Hui added. Stimulus starts to bear fruit Chinese …