Asia’s factory activity contracts despite China’s COVID reopening

TOKYO¬† – Asia’s factory activity contracted in January as the boost from China’s COVID reopening had yet to offset headwinds from slowing U.S. and European growth, surveys showed on Wednesday, underscoring the fragility of the region’s economic recovery. China’s factory activity shrank more slowly in January after Beijing lifted tough COVID curbs late last year, … Continue reading Asia’s factory activity contracts despite China’s COVID reopening