Taiwan Benefits From China’s Economic Stimulus

From AFP:

Taiwan has benefited from its giant neighbour’s measures to stimulate its economy by offering subsidies to consumers, the island’s government said in a report.

Taiwan exported 4.65 billion US dollars worth of goods to China in April, down 33.8 percent from a year ago, the Board of Foreign Trade said.

The figure indicated, however, that the sharp decline of the island’s export to its leading trading partner had slowed since January, when Taiwan’s China-bound shipments plummeted 56.8 percent year-on-year, it said.

CDT EBOOKS

Subscribe to CDT

SUPPORT CDT

Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.