Asia’s factories did a better job in the past month than their European counterparts of weathering the impact on global supply chains of China’s lockdowns and the conflict in Ukraine. Manufacturing hub South Korea’s Purchasing Managers’ Index climbed to 52.1 in April, according to S&P Global, recovering some ground lost…
Asia’s factories managed a fitful recovery in April that highlighted their economies’ resilience to the impact on global supply chains of China’s lockdowns and conflict in Ukraine.