Quick Overview

• April 11 (Bloomberg) -- China’s new lending surged more than sixfold from a year earlier to a record 1.89 trillion yuan ($277 billion) in March, adding to signs that growth in the world’s third-biggest economy is gathering pace. M2, the broadest measure of money supply, grew 25.5 percent, the central bank said.
  
  

• MoM US air freight fell 21% in February, the lowest industry level in eight years.
  
  

• Chinese rail cargo volume fell 4.8% in January.
  

• Thousands of homes in Florida are believed to contain potentially toxic Chinese drywall, officials said.