Danke » Fears of an imminent slide into def

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Chinese stocks rallied on Friday, with the benchmark Shanghai index edging over the 4 Nike Air VaporMax 97 Womens UK ,000 mark at a seven-year high, as the latest inflation data produced small positive surprises.


The Shanghai Composite Index closed at 4,034.31 points, up 1.9 percent, while the Shenzhen Component Index advanced 1.6 percent to 14,013.33 points on Friday.


China's consumer inflation rate stayed flat at 1.4 percent in March Nike VaporMax 97 Womens UK , the National Bureau of Statistics (NBS) said on Friday, marginally higher than a consensus estimate of 1.3 percent. Producer price index, however, was still down 4.6 percent year-on-year.


Healthcare stocks led the gain on Friday, with medical equipment developers including Guangdong Biolight Meditech, Improve Medical and Jiangsu Yuyue Medical Equipment & Supply surging by the daily limit.


Ping An Bank and Western Securities jumping by the daily limit of 10 percent. Shanghai Pudong Development Bank http://www.airvapormax97uk.com , Everbright Bank and Shanxi Securities gained more than 3.5 percent.


Fears of an imminent slide into deflation appear excessive, said Bloomberg economist Tom Orlik.