Manufacturing sector in contraction but index points to rebound

07/04/2020 02:55 PM
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Taipei, July 4 (CNA) The local manufacturing sector remained in contraction in May, but the index gauging the sector's conditions moved higher, pointing to a rebound at a time when many economies have been reopening their businesses amid the COVID-19 pandemic, according to the Taiwan Institute of Economic Research (TIER).

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