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Economy / Taiwan

Mainland Demand Fuels Export Bounce

November 2009 | Ratings Update

Taiwan's exports were up 3.9% q-o-q to US$19.82bn in October. As the third consecutive month showing an increase in exports, this news is suggestive of a strong economic recovery for Taiwan. However, while rebounding exports are obviously good for Taiwan's economic outlook, excessive optimism must be cautioned against.

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