
Debunking the Export Shock: How the Chinese Mainland Fuels ASEAN Growth
Despite headlines warning of an “export shock”, trade data shows that the Chinese mainland’s exports are boosting Southeast Asia’s manufacturing, infrastructure, and jobs.
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Despite headlines warning of an “export shock”, trade data shows that the Chinese mainland’s exports are boosting Southeast Asia’s manufacturing, infrastructure, and jobs.
China’s Manufacturing PMI dropped slightly to 49.1 in August due to weather disruptions and seasonal shifts, indicating a minor contraction in the sector. However, high-tech and equipment manufacturing saw growth.
Chinese mainland’s State Council Information Office held a press conference to discuss the latest investment trends, fiscal data, and upcoming economic policies.