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TIER: Bearish US economy renders dismal Taiwan outlook |
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October survey shows lowest manufacturing sentiment since 1979 |
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Taiwanese exporters in October continued its downward trend since September. The demand for electronics and precision instruments from the US has plummeted, which led to the decline in total Taiwanese exports. October exports figure totalled USD 20.81 billion, which saw an 8.3% decline year-on-year. Import figures for October reflected the fall in demands for exports...Read more
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