Asia manufacturing rises, analysts warn of headwinds
Dec 4, 2012
HONG KONG (AFP) ― Factory activity across Asia broadly picked up in November, with China adding to the improvement seen in the previous month, as hopes rise that the region is beginning to rebound from its recent slumber.The latest batch of purchasing managers’ indexes from HSBC show manufacturing activity in China hit a 13-month high, while India also saw its strongest expansion since June.The news comes despite the debt crisis in Europe, a key market for many of Asia’s exporter nations, which