Asia’s factories show signs of improvement as China’s recovery progresses, though potential risks from U.S. policies persist.
According to official data, Japanese corporate spending on plants and equipment increased in the third quarter.
India’s factory activity growth stayed strong but slightly declined due to ongoing price pressures.
Data released on Friday revealed that Asia’s third-largest economy experienced slower-than-expected growth from July to September, held back by weak manufacturing and consumption.
In Southeast Asia, factory activity declined in Indonesia and Malaysia, while growth slowed in Thailand and Vietnam.
