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The global economic recovery in 2020 seems positive
TIER composite indicators signaled more optimism |
Most international forecasting agencies issued their forecasts in economic growth of 2020, which outperform the growth of 2019 with respect to the recent truce between the US and China; a phase-one deal was signed on January 15, 2020. Accordingly, all three composite indicators issued by the Taiwan Institute Economic Research (TIER) increased signaling more optimism.
Taiwan's exports in December 2019 increased by 3.97% compared with the same month of 2018. The exports to the US market increased by significantly 12.9% y-o-y, whereas exports to China increased by 6.2% y-o-y in December 2019. Regarding imports, Taiwan's imports in December 2019 increased by 13.91% compared with imports in December of 2018. On the cumulated basis, exports and imports from January till the end of December this year gave a trade surplus of US$ 43.48 billion that's US$ 5.73 billion less than the trade surplus in 2018. ...Read more |
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| Taiwan’s CPTPP bid worth backing: ex-Japan official |
| A former Japanese representative to Taiwan has urged his country to support Taiwan’s admission to a free-trade agreement between Japan and 10 other countries in the Asia-Pacific region. Judging by Taiwan’s economic scale and geopolitical importance in the Taiwan Strait, it is fully eligible to become a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), said Tadashi Ikeda, former chief representative of the Interchange Association’s, Taipei office. (Source: Taipei Times) |
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Taiwan Economic Research Monthly
Challenges and Prospects facing in 2020 Global political and Economic Structure |
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Food security and technology development
 The field of modern genomics has developed rapidly, and the rise of genomics has also led to the development of many new disciplines. The current applications in agriculture include crops, livestock and aquatic products and microorganisms. This article analyzes the current market trends and industrialization cases of the application of agricultural genome-related technologies for reference by the public.
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