2010.10.1501:10:00UTC+00Conference Board Lei for China up 0.7 Pct in August to 149.9

News:

• The Conference Board's Leading Economic Index (LEI) for China advanced 0.7 pct in August to 149.9, but at a reduced pace than in July, the business research group said on Tuesday.
• The New York-based organisation also revised upwards China's July LEI up to 0.8 pvt from 0.5, while the June's revised LEI was raised to 1.2 pct from 0.7.

Quotes:

• "The China LEI's increase in August suggests continuing growth and receding risks of a slowdown in coming months," said Ataman Ozyildirim, an economist at the Conference Board.