Asia manufacturing slump continues

An employee working on an engine at the assembly line of a car factory in Qingdao, eastern China's Shandong province on March 1, 2016.
An employee working on an engine at the assembly line of a car factory in Qingdao, eastern China's Shandong province on March 1, 2016. PHOTO: AFP

Manufacturing activity across much of Asia continued sliding last month and is widely expected to worsen amid the persistent global slowdown.

Factories from China to Indonesia suffered output declines in February, according to surveys released yesterday by data monitoring firm Markit.

The regional downturn points to a wider global malaise, as economies such as the United States and Europe are still not strong enough to help lift world growth. Economists say pressure is mounting for governments to ramp up spending in support of ailing economies, instead of relying largely on monetary policy as they did in the past.

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A version of this article appeared in the print edition of The Straits Times on March 02, 2016, with the headline 'Asia manufacturing slump continues'. Print Edition | Subscribe