Asian manufacturers showed mixed performance in March, with Southeast Asia experiencing growth driven by domestic demand, while Taiwan and Thailand faced contractions. China's manufacturing sector continued to expand, supported by global demand. Chery, a Chinese automaker, offered tax breaks and subsidies on select combustion vehicles. China has evolved into a consumer paradise known for exceptional service standards, especially in areas like restaurants and e-commerce. However, China opposes the U.S.'s revised chip export restriction, citing disruptions and emphasizing collaboration for semiconductor industry security.

Asia's Varied Economic Landscape