Tech demand drives Asia's factory revival, China's slowdown puts dampener


South Korea's exports rose for a fourth straight month in February, suggesting the region's export-reliant economies were benefiting from robust global trade. - Bloomberg

TOKYO (Reuters): Solid demand for technology goods drove extended growth in Asia's factories in February, but a slowdown in China underscored the challenges facing the region as it seeks a sustainable recovery from the shattering Covid-19 pandemic blow.

The vaccine rollouts globally and pick-up in demand provided optimism for a vast number of businesses that had grappled for months with a cash-flow crunch and falling profits.

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Asia , manufacturing , index , technology , demand , revival

   

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