By: Chiu Po-sheng and Lee Hsin-Yin
Taipei, Jan. 3 (CNA) Taiwan is likely to report a decline in exports for the 11th
consecutive month in December and could see a 10 percent annual decline in exports for 2015 as a whole, Finance Minister Chang Sheng-ford (張盛和) said Sunday.
Exports in December could post another double-digit fall, he said when offering a preview of Taiwan’s export data for December and 2015 as a whole that will be released this week.
If Chang’s warning turns out to be true, exports will have slid by double-digits for the seventh month in a row, the worst performance since 2009 when the world economy was battered by the global financial crisis. [FULL STORY]