Manufacturing in Asia Stagnates Amid China's Uneven Rebound

Reported 25 days ago

Asia's manufacturing sector experienced stagnation in October, despite China's factory activity rebounding due to government stimulus. Private surveys revealed declines in Japan and South Korea, while the IMF warned of growing economic risks for the region from trade fragmentation and China's property issues. Though China's PMI improved, concerns about deflation and the need for a shift to a consumption-driven economy remain.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis