TOKYO - Japan’s factory activity expanded at the fastest pace in over two years in February, a private-sector survey showed on Monday, as strong orders led to the first output rise since the start of the coronavirus pandemic.
The rise in the headline figure, which compared to a preliminary 50.6 reading, marked the fastest expansion since December 2018. The PMI survey was in line with January output and fourth-quarter gross domestic product data released last month that showed Japan’s manufacturing sector has managed to weather emergency coronavirus measures at home, mainly thanks to robust overseas demand for tech components.
I really hope Japan rises to its former glory it had before 1940. They are much cooler than China + they got nintendo and sony. Long live the Japanese Empire and the Emperor!
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this is terrible news
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