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.

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