China stocks post weekly gain on upbeat economic data

05.04.2021

China stocks ended higher on Friday, posting their second straight weekly gain, as investors were encouraged by recent data pointing to a solid recovery in the world’s second-largest economy.

The blue-chip CSI300 index rose 1.0% to 5,161.56, while the Shanghai Composite Index added 0.5% to 3,484.39.

Leading the gains, the CSI300 consumer...