Forward-looking‧Professional‧International 
July 2009 

 In this edition of Taiwan Econ, you will read an insightful analysis regarding global financial
 analysis and its impacts on Asian economies. This month's policy analysis will also discuss
 concerns over international green trade barriers triggered by Obama's stance on climate
 change negotiation.

 Best regards,
 TIER Webletter Team

TIER: economic outlooks continue to improve
Despite lagging real sector performance
Taiwan’s export sector for May continues to contract on YoY basis despite a pick up in demands from China. May exports figure totalled USD 16.17 billion or a 31.4% decline year-on-year. Import figures for May reflected the fall in export demands. A combination of a fall in of intermediate goods imported as well as decline in commodity prices have translated to a 39.1% import drop year-on-year, or USD 8.36 billions with a trade surplus of USD 3.17 billions. While exports have seen contraction for the 9th month running, the pace of the sequential contraction is beginning to ease...Read more
2009.6.8-9 APEC Symposium on SME Strategies to manage the Impacts of the Global Financial Crisis
2009.6.10-12 28th Meeting of the Small and Medium Enterprises Working Group
The Study on Korean and Taiwanese Investment Patterns in China” is the most recent research paper produced by a joint project between Samsung Economic Research Institute (SERI) and TIER... Read more

Concerns over green trade barriers
Obama's stance on climate change negotiation

Global economic crisis
Impacts on Asian economies
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