China Tea Leaf Index: Hanging on for reform
By John Foley
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
China’s rail shipments and steel drove our alternative growth index up to 96.3 in August, the highest since January. That looks like enough to give leaders the benefit of the doubt ahead of Novemberās party plenum, when the tone for future economic growth will really be set.