Economic Watch: Foreign institutions upbeat about Chinese economy as supportive policies take effect

BEIJING, Dec. 8 (Xinhua) -- Foreign banks are becoming increasingly bullish concerning the Chinese market, given that the raft of incremental policies implemented by Chinese authorities since late September, and other earlier policies aimed at vitalizing growth momentum, have started making a sustained and positive impact.

Bill Winters, group chief executive of Standard Chartered, told Xinhua that policy measure