Thu, 23 Aug 2012 12:47:53 GMT
China leading index rises in July
China's leading index increased in July, showing a strong climb in loans, the Conference Board reported on Thursday. The index improved 0.7% in July from stagnation in previous month, government loans were the main driver, boosting banks to finance infrastructure investment. The coincident economic index rose 0.8%, after a 0.9% surge in June.