A worker is seen at a Shaanxi Automobile Holding Group factory in Xian, Shaanxi province, on November 2. The group produced 198,000 vehicles from January to October, a 28.5 per cent rise compared with the same period last year. Photo: Xinhua A worker is seen at a Shaanxi Automobile Holding Group factory in Xian, Shaanxi province, on November 2. The group produced 198,000 vehicles from January to October, a 28.5 per cent rise compared with the same period last year. Photo: Xinhua
A worker is seen at a Shaanxi Automobile Holding Group factory in Xian, Shaanxi province, on November 2. The group produced 198,000 vehicles from January to October, a 28.5 per cent rise compared with the same period last year. Photo: Xinhua
David Brown
Opinion

Opinion

Macroscope by David Brown

Asian manufacturing data and Covid-19 vaccine hopes suggest better days ahead for the global economy

  • Asian manufacturers are at the forefront of the upturn, judging by business confidence data showing surges in purchasing managers’ indices across the region
  • Given the way manufacturing indices are pointing, global GDP growth in 2021 could be heading for its strongest level for a decade

A worker is seen at a Shaanxi Automobile Holding Group factory in Xian, Shaanxi province, on November 2. The group produced 198,000 vehicles from January to October, a 28.5 per cent rise compared with the same period last year. Photo: Xinhua A worker is seen at a Shaanxi Automobile Holding Group factory in Xian, Shaanxi province, on November 2. The group produced 198,000 vehicles from January to October, a 28.5 per cent rise compared with the same period last year. Photo: Xinhua
A worker is seen at a Shaanxi Automobile Holding Group factory in Xian, Shaanxi province, on November 2. The group produced 198,000 vehicles from January to October, a 28.5 per cent rise compared with the same period last year. Photo: Xinhua
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David Brown

David Brown

David Brown is the chief executive of New View Economics. Over a career spanning four decades in London, David held roles as chief economist in a number of international investment banks.