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Chinese Pmis

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finance1 year ago

Asian Markets Climb Amid Strong Chinese Data and Tariff Concerns

Asian stock markets rose on Monday, led by Chinese markets, following positive business activity data from China. However, gains were limited by U.S. President-elect Donald Trump's threat to impose 100% tariffs on goods from BRICS nations if they undermine the U.S. dollar. Chinese factory activity expanded in November, driven by government stimulus measures, while investors await further economic cues from the Federal Reserve and the Reserve Bank of India this week.