Robust Chinese manufacturing data helped most Asian stock markets start the year on a positive note, although Shanghai itself failed to join the party.
The HSBC/Markit China purchasing managers index rose to 56.1 in December, the highest level since the survey began in April 2004, echoing official data released on January 1.
However, the release also showed that Chinese manufacturers raised their prices at the fastest rate in 17 months, prompting fears of higher inflation.
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