Asian shares advance on quickening Chinese growth

Equities from Australia to Japan expanded with the Australian shares hitting the highest level in five years after a data showed that China's economic growth increased for the first time in a three-quarter period in the Q3 and as U.S. impasse ended this week as Obama signed the debt limit deal. The MSCI Asia-Pacific index outside Japan added 0.7% after rising 0.6% yesterday, while the CSI 300 Index jumped 0.7%.