Commenting on the recent Manufacturing data from China as reported on CNBC, Mihir Kapadia, CEO of Sun Global Investments said:
“Better than expected Chinese manufacturing data has helped markets begin the first day of the new quarter on a bullish note, with major stock indices across Asia surging…
Chinese manufacturing output is quite reflective of global demand, and any increase indicates a flurry of economic activity across major economies.”
His comment was featured on CNBC.
Latest Update: Nov 08, 2020