China’s factory activity stumbled in May, weighed down by rising US tariffs. This downturn underscores growing hurdles for the manufacturing sector amid ongoing trade tensions, Reuters reports
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China’s factory activity is facing a downturn as escalating tariffs create a challenging trade environment. This contraction highlights rising worries about dwindling demand and soaring costs, all while international trade tensions cast a shadow over the manufacturing sector
India’s factory activity growth has fallen to a 14-month low in February, reflecting a significant slowdown in demand. According to a recent report by Reuters India, this decline raises concerns about the country’s economic momentum amid global uncertainties.
Japan’s factory activity has shown signs of decline as weakening global demand impacts manufacturing output. The latest reports indicate a contraction in production, signaling potential challenges for Japan’s economy amid shifting market conditions.