Asian shares climb in morning trade on China GDP data, Wall Street rally


Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, April 17, 2020. Shares have advanced in Asia after China’s economic growth data, while bleak, was better than expected. (AP Photo/Ahn Young-joon)

BANGKOK, April 17, AP — Shares surged Friday morning in Asia after China reported economic data that, while bleak, was better than expected.

The strong open followed an overnight rally on Wall Street powered by buying of Amazon, health care stocks and other market niches that are thriving in the coronavirus crunch.

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