(BANGKOK) — An acceleration in China’s economic growth boosted world stock markets Friday after a short-term deal to raise the U.S. borrowing limit pushed Washington’s budget battle into the background. China’s economic growth rebounded in the latest quarter to 7.8 percent from a two-decade low of 7.5 percent in the second quarter, helped by government stimulus measures.
China Growth Rebound Boosts World Stock Markets
AP / Pan Pylas, Time: Business
Fri, 10/18/2013 - 1:24am
Topics: bangkok an beijing s jp morgan wall street dow broader s&p european britain s ftse france s cac-40 germany s dax in asia china s shanghai composite index australia s s&p/asx japan s nikkei markets india southeast asia treasurys washington s michael every rabobank s asia pacific united states china s u.s hong kong growth rebound percent rose economic global year futures government raise budget short-term limit quarter early deal concerns debt political added battle analysts
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