Asian factories remained under pressure in May as China slowed

Image from The Nation Thailand/ANN.

BANGKOK, June 1 (Bloomberg): Key gauges of activity at Asia’s factories remained under pressure in May from China’s economic slowdown.

Exporters across trade-heavy Asia are juggling an increasingly complex set of risks, as China’s Covid-19 lockdowns stifle activity, supply issues emanate from the ongoing conflict in Ukraine and demand-side worries emerge as accelerating inflation dents consumption in the world’s biggest economies.