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Asia’s Major Export Engines Show Signs of Strength

Asia’s Major Export Engines Show Signs of Strength
Two gauges of factory activity in China pointed to continued expansion, reflecting sustained strength in demand for goods produced by the world’s largest exporter.

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According to a report by Bloomberg, two measures of factory activity in China have shown continued expansion, indicating strong demand for the country's exports. This is the first major signal of China's economic activity in the second quarter. However, other data released this week has shown more inconsistent factory activity in other parts of Asia. This suggests that China remains a major export engine for the region.

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