China Floods Market With Cash As Mixed Data Leaves ‘COVID Rebound’ In Doubt

March data painted a mixed picture of China’s recovery raising doubts about just how much China coming out of its COVID lock-down will spur global growth. The good – most-surprising was that exports recorded year-on-year growth – an outcome that was unexpected as outbound shipments from competitors South Korea and Taiwan plunged. Macquarie economists led by Larry Hu said […] Source