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China is mining much more coal again and that's boosting its factories
CNN
China's economy is finally getting some good news: Its big factories are staging a recovery as a power crunch that held back production starts to ease because of a big jump in coal supply.
A government survey of manufacturing activity increased to 50.1 in November from 49.2 in October, according to data released by the National Bureau of Statistics (NBS) on Tuesday. It was the first reading above 50 — indicating expansion rather than contraction — in three months. It was also the first time since March that the index increased over the prior month.
Beijing on Tuesday attributed the improvement to "recent policy measures" that have strengthened energy supply and stabilized soaring costs.
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