Story perspectives
Asia's Manufacturing Soars: Taiwan and South Korea Lead Rebound
1/3/2026
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Story summary
- Taiwan and South Korea led Asia's manufacturing rebound as firms entered 2026 with optimism despite US trade tensions.
- December 2025 data from S&P Global show factory activity expanded, with Taiwan PMI 50.9 and South Korea 50.1.
- Vietnam posted PMI 53, while the Philippines, Malaysia, and Indonesia remained above 50.
- Singapore grew 4.8% in 2025.
- President Xi Jinping (China) affirmed a 5% growth target for 2025.
