US EditionFactories struggle in September as soft demand in China and US take toll
- Factory activity in most major Asian economies shrank in September due to weak demand from the US and China, according to private surveys released on October 1.
- Japan's Manufacturing Purchasing Managers' Index dropped to 48.5 in September, indicating contraction, according to the S&P Global survey.
- South Korea's manufacturing PMI increased to 50.7, indicating growth, although its future relies on unresolved US tariff negotiations.
- Experts warn that without improved demand, Asia's manufacturing sector may continue to struggle, highlighting concerns raised by Shivaan Tandon of Capital Economics.
6 Articles
6 Articles
Factories struggle in September as soft demand in China and US take toll
Factory activity shrank in much of the world last month, private surveys showed on Wednesday, as signs of a slowdown in U.S. growth and the anticipated impact of President Donald Trump's tariffs added to pressure from weak Chinese demand.
Asian Factories Struggle as Weak U.S. and China Demand Takes Toll
Manufacturing activity across Asia weakened in September, highlighting the strain on economies that depend heavily on global trade. Surveys revealed that factory output shrank in major exporters like Japan and Taiwan, while China’s manufacturing sector contracted for the sixth straight month. The slump comes amid sluggish U.S. growth and the lingering effects of tariffs imposed […] The post Asian Factories Struggle as Weak U.S. and China Demand …
Asian factories struggle as soft China, US demand takes toll
TOKYO: Factory activity shrank in most of Asia's major economies in September, private surveys showed on Wednesday, as signs of a slowdown in U.S. growth and the expected impact of President Donald Trump's tariffs added to pressure from weak Chinese demand.
Asia PMIs Split as South Korea, Vietnam Weather Trump Tariffs
Manufacturing across Asia was split last month, with activity improved in South Korea and steady in Vietnam, a major US supplier, while President Donald Trump’s global trade levies appeared to bite into demand from Taiwan and Japan.
What you need to know before the work day begins.
Coverage Details
Bias Distribution
- 60% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
