Chinese Stocks Gain as Upbeat PMI Data Reinforce Recovery Hopes

-- Chinese stocks advanced as a rebound in manufacturing activity reinforced hopes that the nation’s economic recovery may be starting to gain traction.Investors Spoiled for Choice With Top Ice Cream Makers for Sale

“Emerging optimism about China is real,” said Vishnu Varathan, chief economist for Asia ex-Japan at Mizuho Bank in Singapore. It may gain traction given “corresponding optimism elsewhere in Asia that dovetails with an upturn in global manufacturing,” he said. The latest round of corporate earnings has also fueled caution among investors. Skepticism about the scope and depth of the earnings recovery resurfaced following disappointing results from sector leaders including BYD Co. and Wuxi Biologics Cayman Inc.The CPP pegs the start retirement age at 65, but it's not necessarily the ideal option to start pension payments. The post Why Claiming CPP at 65 Could Be a Mistake appeared first on The Motley Fool Canada.

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