"It's good if China eases because then, most likely, growth prospects will go higher for China…"
- Pierre Mouton, a fund manager at Notz Stucki & Cie.
The majority of European stocks advanced further on Thursday after a report showed China's inflation cooled, boosting hopes the national central bank may ease monetary policy.
The Stoxx Europe 600 Index rose 0.40 per cent to 270.27. Germany's DAX Index slid 0.02 per cent and France's CAC 40 Index edged higher 0.54 per cent.
"If the figures show mild inflation and economic growth slows down as they have recently, there's a strong chance that China will add stimulus," said Pierre Mouton, a fund manager at Notz Stucki & Cie. in Geneva.
"It's good if China eases because then, most likely, growth prospects will go higher for China and subsequently for the world and risk will be on. Because if China eases, demand goes higher and commodities demand goes higher," said Christian Tegllund Blaabjerg, chief economist at FIH Erhvervsbank.
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