Taiwan’s exports set to slide for 11th month in a row: minister

Focus Taiwan
Date: 2016/01/03
By: Chiu Po-sheng and Lee Hsin-Yin

Taipei, Jan. 3 (CNA) Taiwan is likely to report a decline in exports for the 11th

By Chiu Po-sheng and Lee Hsin-Yin

By Chiu Po-sheng and Lee Hsin-Yin

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]

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