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TAIWAN: Orders from China Drag Export Orders Down.

TAIWAN
GlobalEM BulletBulletAPACTaiwanRegionEmerging Market News
  • Export orders in Taiwan rose less than expected in September.
  • Up +4.6%, this was significantly less than August’s rise of +11.2%.
  • Market survey’s suggested order would rise by +5.6%.
  • The decline in orders from China was the main drag on the result with orders contracting -3.6%.
  • Orders to US, Europe and ASEAN nations all declined whilst orders to Japan jumped +9.8%.
  • Taiwan is heavily dependent on exports with as much as 60% of the island nation’s GDP driven by exports. 
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  • Export orders in Taiwan rose less than expected in September.
  • Up +4.6%, this was significantly less than August’s rise of +11.2%.
  • Market survey’s suggested order would rise by +5.6%.
  • The decline in orders from China was the main drag on the result with orders contracting -3.6%.
  • Orders to US, Europe and ASEAN nations all declined whilst orders to Japan jumped +9.8%.
  • Taiwan is heavily dependent on exports with as much as 60% of the island nation’s GDP driven by exports.