Business
China recovery boosts Asian factories, but trouble seen ahead – Aljazeera.com
Chinese manufacturing expands at fastest rate in a decade, new data show; South Korean, Japanese firms stabilise.
Asian factories continued to recover steadily in November thanks to a boom in economic powerhouse China, private surveys showed on Tuesday, offering hope the region was shaking off the drag from the COVID-19 crisis.
But a global resurgence in coronavirus infections has made the outlook highly uncertain, keeping governments and central banks under pressure to maintain or ramp up their massive stimulus programmes, analysts say.
Chinas factory activity accelerated at the fastest pace in a decade in…
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