中美贸易战

Asian economies gripped by manufacturing woes

Trade frictions and weak global demand are taking their toll across Asia, show data published yesterday.

Manufacturing conditions in south-east Asia worsened for a second consecutive month in June, with factory output falling for the first time in two years. Activity also contracted across Japan, South Korea and Taiwan.

In a sign the woes are likely to persist into the second half of the year, South Korean exports declined for the eighth consecutive month in July.

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