China Factory Output Stalls in May as U.S. Industrial Rebound Accelerates
China factory output flatlined in May 2026 as the Iran war energy shock squeezes manufacturers. Germany contracted 2.8%. Meanwhile the U.S. industrial rebound posted its biggest gain in over a year. South Korea surged 7.1%. The global industrial race is being won by nations that invest in technology — not cheap energy or cheap labor.
