China's economy is ending the first quarter on a"strong" note, according to a business survey published by the China Beige Book on Thursday.
BEIJING — China's economy is ending the first quarter on a"strong" note, according to a business survey published by the China Beige Book on Thursday. across the board. Figures for the first two months of the year are typically reported together to account for the week-long Lunar New Year holiday, which follows the agrarian calendar.Sign up for NBC LA newsletters.
The China Beige Book found that businesses have pulled back their borrowing due to higher interest rates, but also observed signs of a pause on the lending side.
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