News Snapshot:
China’s manufacturing activity rebounded in November as orders improved and power shortages eased, a survey showed Tuesday.An industry group and the national statistics agency said a monthly purchasing managers’ index rose to 50.1 from October’s 49.2 on a 100-point scale. The index spent the previous two months below 50, which shows activity decreasing.A measure of production rose 3.6 points to 52, indicating activity was recovering from power rationing imposed in major manufacturing areas in September to meet official energy efficiency targets. US-CHINA TRADE TENSIONS RISE FOLLOWING BIDEN-XI SUMMIT Workers wearing face masks to help curb the spread of the coronavirus...
