2023-06-07 11:31
Taiwan May exports drop again as China weighs; outlook stays dim
TAIPEI – Taiwan's exports fell for a ninth consecutive month in May, although meeting expectations, in a symptom of anemic demand for the island's tech products from China and global markets, with matters not expected to improve until the third quarter. Exports last month were down 14.1 percent in value on the year, at $36.13 billion, the finance ministry said on Wednesday. That was slightly worse than an annual fall of 13.3 percent in April and in line with a Reuters poll forecast for a 14.4- percent contraction.

https://business.inquirer.net/404300/taiwan-may-exports-drop-again-as-china-weighs-outlook-stays-dim

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