Solid China growth, positive NZ data to spur buyers

Tue, 19 Jan 2021

Strong growth out of China will spur buying interest in companies with exposure to that market while domestic business confidence and retail spending data will also cheer investors.A2 Milk, units in the Fonterra Shareholders’ Fund, Synlait Milk and companies such as fishing company Sanford will benefit after news China’s economy grew a better-than-expected 6.5 percent in the fourth quarter versus the same period a year earlier.The economy also expanded 2.3 percent in 2020, making it the only major world economy to grow this year, th...

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