Bloomberg Asian manufacturing gauges stumbled in January, suggesting the US-China trade agreement failed to spur sentiment for an industry now bracing for supply-chain disruptions and a blow to demand from the spread of the coronavirus. South Korea’s purchasing manager index — often viewed as a key barometer of global demand — fell to 49.8 from 50.1 in December. Malaysia’s reading ...

Bloomberg The hits just keep coming for Hong Kong. In 2019, there was the escalating US-China trade war, which squeezed exports. Then came violent protests beginning mid-year, with street-fighting between police and protesters driving away tourists and shoppers, hurting the services industries, and tipping the economy into its first contraction in a decade. Now, with advance figures on Monday confirming ...

Bloomberg China’s leading solar association called on the government to provide support to the industry as measures to contain the outbreak of a virus are hampering the restart of manufacturing activity. The China Photovoltaic Industry Association (CPIA) is asking policy makers to delay tariff cuts for solar power, deputy secretary Liu Yiyang said. The group is also seeking subsidies or ...