Global shares gain as China reports improved economic data

TOKYO (AP) — Global shares advanced Friday on signs of improvement in China’s economy after it reopened from its pandemic shutdowns.Benchmarks in Europe opened higher following an upbeat session Friday in Asia.Factory output rose in April as China’s virus-battered economy reopened but job losses depressed consumer spending, a key driver of growth, challenging the ruling Communist Party’s push to revive normal activity.
Investment in factories and other fixed assets also i