ASIA: A private sector survey in China revealed that factory activity growth slowed in June due to concerns about sluggish market conditions. The Caixin/S&P Global manufacturing purchasing managers' index (PMI) dropped from 50.9 in May to 50.5 in June, indicating a marginal expansion. The index mark of 50 separates growth from contraction. The survey
ASIA: The biggest drop in China's cement production in at least two decades has dragged global production of the building material into decline, showing how the crisis in the country's vast real estate sector has hit other industries that rely on it for growth. Global cement production fell 8 percent year-on-year to 1.9 billion
ASIA: China's huge manufacturing and service industries just saw their first month of growth since February, according to surveys published Thursday, as Covid restrictions were eased in many cities. But the shadow of further lockdowns still looms over the world's second biggest economy as Beijing sends mixed messages about the best way out of the