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Cooling Chinese economy weakens world demand
TIER business composite indicators continue to fall |
| The US economy is firmly believed by the market as the one and only that has been on the right track of recovery. However, its Q2 GDP growth y-o-y stood at only 2.3% lower than market expectation. The main reason of why US economic upturn was not as strong as estimated ought to be the appreciating greenback causing the exports to slow down. As a result, the US exports of Q2 only grew by 1.5% y-o-y. The economy of Euro zone, not as solid, has been improving as well. The zone’s Q2 GDP increased by 1.2%, which was incredibly the highest quarterly y-o-y growth for the past 4 years. The quantitative easing (QE) measure adopted by the European Central Bank (ECB) was just not enough to cope with the rooted debt and structural unemployment issues. After 4-consecutive-quarter decline, the Japanese had the first positive growth in GDP with 0.7% growth rate in Q2. The quantitative and qualitative easing measure (QQE) operated by Bank of Japan (BOJ) has been devaluing Yen and picking up export momentum, but it also imposing heavier burden on import costs. ...Read more |
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| Taiwan the 4th biggest exporter to China, says government stats dep't |
| Exports from Taiwan to China accounted for 8.5 percent of China's total inbound shipment in the first seven moths of 2015, making it the nation's fourth largest importer, the Directorate- General of Budget, Accounting and Statistics (DGBAS) reported in August. China's top three importers during the period are South Korea (10.1 percent), the United States (9 percent) and Japan (8.6 percent), with Germany (5.4 percent) rounding up the top five, according to a DGBAS report issued on Aug. 25, which cited statistics released by China's General Administration of Customs. In 2004, mainland China's top five importers were Japan (16.8 percent), the European Union (12.5 percent), Taiwan (11.5 percent), the Association of Southeast Asian Nations (11.2 percent) and South Korea (11.1 percent). (Source: The China Post) |
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Taiwan Economic Research Monthly
Sharing economy model and its development trend |
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Sharing economic development experience and its impacts on traditional business activites
 Sharing institutions have existed before the emergence of capitalism. Many charitable organizations, religious groups, and co-op stores all belong to the sharing institutions, aiming to deliver the goods or services. The sharing economy is built based on network development, ie C2C completes the goods or services exchange via network platform, replacing the B2C. Therefore, sharing economy could have a crowding effect on traditional business activities with economic, environmental, and social benefits.
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