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Asian Manufacturing Is Surging on Strong Global Goods Demand

  • South Korea’s March exports rise most in more than two years
  • Japanese manufacturers report more optimism in survey
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The world’s manufacturing heartland in east Asia is booming as global trade surges amid the recovery from the pandemic, data from several countries showed.

South Korea’s exports rose the most in more than two years in March, while Japan’s large manufacturers turned optimistic for the first time since autumn 2019, figures released Thursday showed. Manufacturing across Asia picked up after the volatile Lunar New Year period, according to purchasing managers’ indexes, indicating the recovery in goods production remains broadly on track.