CHINA-ECONOMY: ECONOMIC RECOVERY IS STILL SLOW
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A survey of business activity in China till April 8 showed that recovery of China's economy is slow. The Trivium National Business Activity Index indicates that China’s economy is operating at 80.6% of typical output, up from 79.0% on April 3. The Trivium National Large Enterprise Activity Index indicates that China’s large enterprises are operating at 81.8% of typical output, up from 80.7% on April 3. The Trivium National SME Activity Index indicates that China’s small businesses are operating at 79.7% of typical output, up from 77.8% on April 3. It said there has been no meaningful uptick in business activity levels for a few weeks with companies focusing on survival rather than expansion.
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