HONG KONG: Asia’s factories ended a strong 2017 on a mixed note, with activity at multi-year highs in Taiwan and India and surprisingly picking up in China, but contracting in some places in a sign regional interest rate hikes likely will be gradual.
A trend of synchronised global growth that became apparent over the course of last year looked set to continue, with activity surveys in the eurozone and the United States later in the day expected to post strong readings.
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