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scmp | Taiwan's export orders log biggest fall since global financial crisis, but turnaround seen by 2024, 20 Apr you betcha!
...Export orders declined by 25.7 per cent in March to US$46.58 billion, the Ministry of Economic Affairs said on Thursday.

The seventh-straight month of falling orders reflects ongoing weak consumer demand in Europe, the US and mainland China, according to economists.

"Unless imports of Taiwanese semiconductor chips by the US and Europe increase, the year-on-year contraction should continue in the first half of 2023," said Iris Pang, chief economist for Greater China with ING [1762]....

archived 13 months running, our sanctions don't affect...
by Cat on Sat Apr 22nd, 2023 at 03:46:30 PM EST
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