China’s May factory activity cools

China’s May factory activity cools

China’s factory activity grew at a slower pace in May but momentum in the services and construction sectors quickened, pointing to an uneven recovery in the world’s second-largest economy as businesses emerge from coronavirus-led shutdowns. Manufacturing...
China’s May factory activity cools

Record falls in activity, confidence: NAB

Measures of Australian business and consumer sentiment suffered their steepest falls on record in March as whole sectors of the economy were shut down to stem the coronavirus, likely tipping the country into its first recession in three decades. National Australia...
China’s May factory activity cools

China factory activity increases slightly

China’s factory activity has improved in March after plunging a month earlier, a private survey showed, but the bare minimal growth highlighted the intense pressure facing businesses as the global coronavirus pandemic shuts down many countries. The Caixin/Markit...