Asia factory activity sputters as trade woes hit export orders – Japan Today

Asia factory activity sputters as trade woes hit export orders – Japan Today

Two manufacturing surveys in China on Sunday had pointed to rising regional risks. A private poll showed Chinese factory growth stalled after 15 months of expansion, while an official gauge confirmed the sector was losing steam under the weight of shrinking export orders.

The first major readings on China for September suggest the world’s second-largest economy is continuing to lose momentum as domestic demand weakens and U.S. tariffs bite, a combination that is likely to prompt Beijing to roll out more growth-support measures in coming months.

via Asia factory activity sputters as trade woes hit export orders – Japan Today