While factory activity in China improves, economists caution that momentum may weaken in the 2nd half of 2020.
MANUFACTURING. Workers produce baby carriages at a factory in Handan in China's northern Hebei province on April 29, 2020. Photo by AFP
But economists caution that momentum may weaken in the 2nd half of 2020 as key markets struggle to recover from the crisis and as orders for medical supplies abroad – which have boosted exports – peak and fall. But he warned there were still"uncertainties," with the import and export indices below the 50-mark and a larger number of small enterprises reporting a lack of orders.suggests China's government needs to continue providing targeted support.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
THE DAY IN PHOTOS: June 29, 2020
Read more »
Argentina economy tanks in April 2020 as virus bitesArgentina's gross domestic product falls by over 26% in April 2020, with construction the worst-hit industry.
Read more »
2020 Bar Exams to be held next year – The Manila TimesThe Supreme Court deferred anew the holding of the 2020 Bar exams due to the rising cases of coronavirus disease. Supreme Court Associate Justice Marvic Leonen moved to reschedule the bar examinations supposed to be held in November this year. “Due to the increasing number of Covid 19 cases, the prevailing community quarantine protocols all over the nation, and the continuing uncertainty, the Supreme Court en […]
Read more »
DepEd opens senior high school voucher program for 2020-2021The program aims to provide financial assistance for incoming senior high school students in participating private or non-DepEd public senior high schools
Read more »
WHO is sending a team to China to research 'how the virus started'The World Health Organization is sending a team to China to better understand how coronavirus started
Read more »