Reuters :
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, reports aljazeera.com citing agencies.
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.
China’s factory activity accelerated at the fastest pace in a decade in November, a private survey showed on Tuesday, a sign the world’s second-largest economy is recovering to pre-pandemic levels.
