Published 1 year ago

GLOBAL ECONOMY Asia's factory activity shrinks as China lockdown impact widens

Summary by Ground News

Factory output slumped widely across Asia in November as slowing global demand and uncertainty over the fallout from China's strict COVID-19 lockdowns weighed on business sentiment.Manufacturing activity also contracted in export-reliant economies, including Japan and South Korea, and in emerging nations, such as Vietnam.

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Times of India

Asia's factory activity shrinks as China lockdown impact widens

Factory output slumped widely across Asia in November as slowing global demand and uncertainty over the fallout from China's strict Covid-19 lockdowns weighed on business sentiment, private surveys showed on Thursday.

1 year ago·India

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Reuters

GLOBAL ECONOMY Global factory activity shrank in November but price pressures ease

Factory output fell widely last month as slowing global demand and the impact of China's COVID-19 lockdowns weighed, although the downturn eased in Europe and activity in India actually picked up, surveys showed on Thursday.

1 year ago·United Kingdom

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South China Morning Post

China’s factory activity shrinks as Covid-19 takes ‘toll on the economy’

China’s Caixin/S&P Global manufacturing purchasing managers’ index (PMI) rose to 49.4 in November, up from 49.2 in October, data released on Thursday showed.

1 year ago·Hong Kong

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Channel News Asia

Asia's factory activity shrinks as China lockdown impact widens

TOKYO : Factory output slumped widely across Asia in November as slowing global demand and uncertainty over the fallout from China's strict COVID-19 lockdowns weighed on business sentiment, private surveys showed on Thursday.The results highlighted Asia's darkening economic outlook for 2023, as the lockdo

1 year ago·Singapore

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Financial Post

Asia's factory activity shrinks as China lockdown impact widens

TOKYO -- Factory output slumped widely across Asia in November as slowing global demand and uncertainty over the fallout from China's strict COVID-19 lockdowns weighed on business sentiment, private surveys showed on Thursday.

1 year ago·Canada

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