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TIER:Business survey saw a bearish outlook in the manufacturing sector |
While the outlook for the service sector remains cautiously optimistic |
The external sectors for Taiwan remained robust in May. The US economic slowdown appeared to have little impact on Taiwanese exports thus far with exports to China, India and ASEAN countries maintaining double digit growth. Exports grew by 20.5% year on year (YoY) in May, reaching USD 23.60 billion. Figure for trade surplus is also robust despite surging import growth...Read more
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