Asian manufacturing boom offers hope for a faster global recovery from Covid Equity Market


Source: eminetra.co.uk eminetra.co.uk

Key Topics in this News Article:

News Snapshot:

The hope that the world will recover from the New Year’s coronavirus damage is driven by strong production growth from Asia’s huge manufacturing centers, driven by the accelerated post-pandemic boom in China. China’s factory activity is expanding at the fastest pace in the decade in November, and a carefully monitored study on Tuesday shows the latest signs that the world’s second-largest economy is recovering to pre-pandemic levels. I did. China’s Caixin / Market Manufacturing Purchasing Managers Index (PMI) rose from 53.6 in October to 54.9, the highest level since November 2010. The gauge was well above the 50 levels that...