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Asia’s factory activity slows in May as China COVID curbs weigh – BusinessWorld Online – News Bit

June 2, 2022
Source: newsbit.us newsbit.us
News Snapshot:
Asia’s factory activity slows in May as China COVID curbs weigh – BusinessWorld Online Business By Dustin Moskovitz On Jun 2, 2022 0 Share Employees work at a shoe factory for export in Hanoi, Vietnam, Dec. 29, 2020. — REUTERS TOKYO — Asia’s factory activity slowed in May as China’s heavy-handed coronavirus curbs continued to disrupt supply chains and dampen demand, adding to woes for some of the region’s economies that are already under strain from surging raw material costs. Manufacturers slowed activity last month in countries ranging from Japan to Taiwan and Malaysia, business surveys showed on Wednesday, a...
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