February 24, 2009
Taiwan-China Trade Slump Continues
January export orders from China (including Hong Kong, SAR) of Taiwan goods were down almost 55%, a sign that the big slump in Chinese manufacturing continues. Taiwan and South Korea are both dependent on China for export growth. Both are also open economies (by Asian standards). As such, they are hard hit by the global correction in trade...
Labels: free trade, panic of 2008, taiwan
# posted by Sinomania! : 2/24/2009 09:30:00 AM
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