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Global Economy: China's factory activity picks up slightly, but Asia broadly weak

Updated : April 01, 2019 10:19:55 IST

Even in China, growth in new domestic and export orders was marginal. Factory activity in Japan, South Korea, Malaysia, and Taiwan shrank further, adding to expectations of a dovish turn from central bankers in the region.
The US-China tariff war and slowing Chinese demand after a campaign to reduce financial risk-taking have caused broad damage, hurting everyone from small firms in the supply chains of Chinese manufacturers to global tech behemoths such as Apple and across the map from Australia to South Korea and Japan.
Global Economy: China's factory activity picks up slightly, but Asia broadly weak
Published : April 01, 2019 10:19 AM IST

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