rose 2.4% in the January to February period, official data showed.China's fixed asset investment in the first two months of the year saw a rise of 5.5%, higher than expectations from economists polled by Reuters that predicted to see growth of 4.4%.the rate on 481 billion yuan of one-year medium-term lending facility loans at 2.75%.
Worried about contagion from the collapse of Silicon Valley Bank? Veteran strategist Kenny Polcari believes the impact from SVB's failure will be fairly limited. While investors are mostly shunning the banking sector in the short term, Polcari sees "some very interesting opportunities" in the space, as well as in other segments of the market.
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