Asia Manufacturing Slows in May on China Demand, U.S. Tariffs
Asia’s manufacturing sector experienced a slowdown in May as weak demand from China and the ongoing impact of U.S. tariffs—particularly on automobiles—continued to weigh on export-driven economies, according to new data released Monday. A survey conducted by S&P Global and obtained by Reuters showed that Japan and South Korea—two of the region’s largest economies—remained in…
