China COVID19

Chinese factories struggle to fire in April as slump in export orders deepens

By Administrator_India Capital Sands China’s factories suffered a collapse in export orders in April, twin surveys showed, suggesting a full-blown recovery appeared some way off as the coronavirus health crisis shut down large parts of the world economy. The sobering result comes amid moves by major nations to ease up on lockdowns, underlining the stiff […]

Pandemic throws Asia's services firms, factories into deeper decline COVID19

Pandemic throws Asia’s services firms, factories into deeper decline

By Administrator_India Capital Sands   The coronavirus pandemic battered Asian economies in April with social-distancing policies and business closures taking a particularly heavy toll on the region’s service sector firms, surveys showed on Thursday. The outbreak, which has infected more than 2.5 million and killed about 180,000 globally, has also continued to cripple manufacturing, shutting […]