* U.S. adds 204,000 jobs in Oct, sharply above forecast

* China's Oct factory output, CPI rise

* Dollar gains against euro and yen

* Indonesian rupiah, Thai baht, Indian rupee fall

* Tokyo's Nikkei jumps 1.3 pct

By Dominic Lau

TOKYO, Nov 11 (Reuters) - Asian shares fell to a four-week low on Monday as a surprise surge in U.S. jobs growth heightened worries the Federal Reserve will start reducing stimulus as soon as next month -- boosting the dollar against the euro, yen and emerging currencies.

MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.5 percent, hitting its lowest since Oct. 11 and extending Friday's 1 percent drop.

Jakarta shares fell 0.8 percent, Thai stocks lost 1.5 percent and the Manila bourse dropped 1.7 percent.

"Stronger than expected U.S. labour market report will increase fears of portfolio capital outflow from emerging markets, and will weigh on current account deficit currencies in particular," Credit Agricole CIB said in a client note.

Emerging Asian currencies came under pressure, with the Indonesian rupiah down 1 percent to 11,551 per dollar, hitting a one-month low, and Thai baht off 0.9 percent to 31.66 to a seven-week trough.

The Indian rupee was down 1.3 percent at 63.281 per dollar while the Philippine peso eased 0.5 percent to 43.38 against the greenback, a one-month low.

Major European indexes were expected to open flat to modestly higher.

U.S. employers took on 204,000 new employees last month, almost twice the number forecast by analysts and defying expectations that the partial U.S. government shutdown would hamper job growth.

The strong data raised the prospect the Federal Reserve may soon decide to start winding down its $85 billion-a-month bond-buying programme.

Fed Chairman Ben Bernanke and two other top policymakers suggested continued support for the U.S. central bank's massive stimulus campaign, however.

A hedge fund manager said it was unlikely that the Fed will start reducing stimulus by year-end.

"If people get concerned about rates in the U.S. moving higher and QE ending sooner, obviously that will have an impact. But I don't think it's going to happen anytime soon," he said.

"I just think they wouldn't do anything before the end of the year because of the impact on sentiment and consumption. I think it's too early to talk about it."

The Chinese CSI300 Index rose 0.4 percent in a choppy session after touching a 2-1/2 month low, with investors awaiting the end of a four-day closed-door policy meeting of the Chinese Communist Party on Tuesday that will set the economic agenda for the next decade.