Asian policy makers in 2014 are hoping a rebound in the industrialized world will lift growth in their own economies. But data released Thursday, the first of the new year, show that demand from the U.S. and Europe is playing a less important role in many Asian nations than in the past.
Purchasing managers indexes, a proxy for gross domestic product, signaled that manufacturing activity in the region continues to expand, but the pace slowed in some countries and export orders remained generally weak, signaling that a…
More: West’s Uptick Fails to Echo in Much of Asia
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