Asia's Factories Struggle as 2024 Closes Amid Economic Uncertainty

Reported 3 days ago

Asia's manufacturing sector ended 2024 on a weak note due to risks from a potential second Trump presidency and a fragile economic recovery in China. December's manufacturing PMIs indicate slowing activity in China and South Korea, despite some growth in Taiwan and Southeast Asia. With Trump's planned tariffs threatening to impact trade further, concerns about economic stability and production declines have escalated throughout the region.

Source: YAHOO

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