Looser policy from the People's of China has helped to stabilise retail sales, industrial output and the property market. Now it's given a boost to business sentiment.
The MNI China Business Indicator jumped 7.6 per cent in June to 53.5, its highest level since January. A score above 50 suggests optimism.
MNI, a part of Deutsche Börse Group, surveys 200 companies listed on the Shanghai and Shenzhen stock exchanges. It suggests the results are a clear sign the pro-active policies from Beijing are having an impact.
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