Taiwan: Export slowdown but outlook bright – ING
ING’s Chief Economist for Greater China, Lynn Song, notes that Taiwan’s April trade data showed slower export and import growth versus expectations, with the trade surplus easing to USD14.35bn.
The slowdown in export growth may lead to a bearish sentiment in the short term, but the overall outlook remains positive, potentially stabilizing prices. Traders may react cautiously to the trade surplus decline.
ING’s Chief Economist for Greater China, Lynn Song, notes that Taiwan’s April trade data showed slower export and import growth versus expectations, with the trade surplus easing to USD14.35bn.
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