The global manufacturing rebound gathered pace in August, a string of closely watched surveys showed yesterday, raising hopes of a sustainable recovery in the world economy.
The US, China, Germany and France reported further strong improvements, adding to evidence of a v-shaped recovery in economic growth in the third quarter. However, some European countries, including the UK, were left behind.
US manufacturing activity grew for the first time in more than a year-and-a-half in August, as bold government stimulus measures spurred a surge in new orders.
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