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Virus now hitting industry in Malaysia and Vietnam

Industry in Malaysia and Vietnam was already feeling a pinch from restrictions and worker shortages brought about by a jump in COVID-19 cases, but the situation is deteriorating fast. Data early next week, including Korean trade figures for July and the manufacturing PMIs, should give us some indication of the extent of disruption. Any major hit to output would be felt further afield, with both countries key links in semiconductor and electronics supply chains.

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