China’s Economy Stabilizes With Uncertain Growth Outlook

China Customs officers raise a Chinese flag during a rehearsal for a flag-raising ceremony along the Bund past buildings in the Lujiazui Financial District at sunrise in Shanghai, China. Photo: Bloomberg

(Bloomberg) — China’s economy continued to stabilize at subdued levels in February, weighed down by a property market slump, softer global demand and disruptions to business activity during the Lunar New Year holidays.

That’s the outlook from Bloomberg’s aggregate index of eight early indicators for this month. While the overall gauge was unchanged, several underlying measures worsened, suggesting an uncertain growth outlook that may require more fiscal and central bank support in coming months.