Published 2 years ago

Asia's factories feeble despite China bounce, feeds global recession fears

Summary by Ground News

Asia's manufacturing activity stalled in June as many companies were hit by supply disruptions caused by China's strict Covid-19 lockdowns. Sharp economic slowdown risks in Europe and the US reinforced fears of a global recession. A string of surveys today showed China's factory activity bouncing solidly in June though a slowdown in Japan and South Korea, as well as a contraction in Taiwan.

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Reuters

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Channel News Asia

Asia's factories feeble despite China bounce, feeds global recession fears

TOKYO : Asia's manufacturing activity stalled in June as many companies were hit by supply disruptions caused by China's strict COVID-19 lockdowns, while sharp economic slowdown risks in Europe and the United States reinforced fears of a global recession.A string of surveys on Friday showed China's factor

2 years ago·Singapore

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RTÉ

Asia's factories weak despite China bounce

Asia's manufacturing activity stalled in June as many companies were hit by supply disruptions caused by China's strict Covid-19 lockdowns, while sharp economic slowdown risks in Europe and the US reinforced fears of a global recession.

2 years ago·Ireland

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IBTimes

Asia's Factories Feeble Despite China Bounce, Feeds Global Recession Fears

Asia's manufacturing activity stalled in June as many companies were hit by supply disruptions caused by China's strict COVID-19 lockdowns, while sharp economic slowdown risks in Europe and the United States reinforced fears of a global recession. A string of surveys on Friday showed China's factory activity bouncing solidly in June though a slowdown in Japan and South Korea, as well as a contraction in Taiwan, highlighted the strain from supply…

2 years ago·United States

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