A string of surveys on Friday showed China's factory activity bouncing solidly in June though a slowdown in Japan and South Korea, as well as a contraction in Taiwan, highlighted the strain from supply disruptions, rising costs and persistent material shortages.
By Leika Kihara TOKYO (Reuters) - Asia's manufacturing activity stalled in June as many companies were hit by supply disruptions caused by China's str.
Global factory growth stalled in June as higher prices and a darker economic outlook left consumers wary of making purchases, while China’s strict COVID-19 lockdowns and Russia’s invasion of Ukraine added to supply chain disruptions, surveys showed. They were the latest signs pointing to the risk of all-out recession in the global economy, coming after .