Of qontigo who gave us his expectations for chinas latest factory activity. Its likely to continue for a wild because it is still driven by manufacturing and dependent on global trade and, you know, geopolitical environment, and we are not having any of these right now. Even germanys Industrial Complex is sluggish a bit so its notjust china but everywhere. Global demand in mostly services is given by technical Communication Services and big tech so shows and manufacturing are a bit sluggish, yes. I shows and manufacturing are a bit sluggish, yes. Bit sluggish, yes. I want to talk about bit sluggish, yes. I want to talk about japan bit sluggish, yes. I want to talk about japan because l bit sluggish, yes. I want to talk about japan because it talk aboutjapan because it took markets by surprise in terms of what its central bank has done which makes its Bond Yield Control policy more flexible. What are your expectations about that . Inflation has been above the target for a few months so
hello and welcome to asia business report. i m monica miller. it s the start of a brand new week, and the economies of china and australia are in focus this week. beijing is due to release its latest manufacturing purchasing managers index for this month in a few hours. we saw a contraction over the last three months as china s post covid rebound lost steam. officials are also due to announce new measures to boost domestic consumption later on monday. on tuesday, australia s central bank will unveil its latest rates decision. the central bank had earlier hinted it could hike the cost of borrowing again as inflation continues to hover around 6 %. and on friday, it will give its update on its forecasts for price and growth for the australian economy. this is part of the monetary policy statement, released four times a year by the rba. earlier, i spoke with markets analyst olivier d assier