China’s manufacturing grows in November

Analysts have cautioned that a Chinese recovery is likely to be “L-shaped,” meaning the decline might have stopped but improvements in growth should be gradual. That would be a setback for exporters of commodities and other goods that are counting on China to help drive a rebound in global demand.

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China’s manufacturing grew in November in the latest sign the world’s second-largest economy is recovering from its deepest slump since the 2008 global crisis, a survey showed Saturday.

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