Asian markets have shrugged off another decline on Wall Street, with markets in China advancing after banks and other financial institutions were ordered to do more to help spur more consumer spending

Shares advanced Monday in Asia after U.S. stocks rallied to their best day since November’s election and China reported stronger than expected factory data. Chinese officials were due later in the day to brief reporters about Beijing's efforts to get consumers to spend more.

Asia-Pacific markets surged on Friday as U.S. futures rebounded following an overnight slump on Wall Street due to President Trump's threat of more tariffs. Investor sentiment was rattled after renewed tariff threats from President Donald Trump reignited trade war concerns.