Pep talks in Taipei

Article Abstract:

Recession is looming in Taiwan as the economy contracted 2.35% in the second quarter, and further contractions are expected for the third quarter, with the GDP likely to contract 0.37% this year. Problems have arisen due to the decrease in U.S. demand for electronic items, bad loans at domestic banks, and the scaling back of inventories at many of the island's companies.

Public Finance Activities, Public Finance-Total Govt, Public finance, Recessions, Taipei, Taiwan

---

Prospects of greater openness with China buoys market

Article Abstract:

Stocks in Taiwan have risen 3.9% following an economic advisory group recommendation to reduce regulations on trade and investments in China. After July's exports dropped 28% from last year and the technology industry was hit hard, more investment in China could help Taiwan reap the benefits of China's expected growth.

China, Administration of General Economic Programs, International economic relations, Financial analysis, Trade Relations, Regulation of Investment Abroad, Statistical Data Included, Foreign investments, Stocks, Chinese foreign relations, Chinese (Taiwan) foreign relations, Trade policy, Foreign investment laws

---

Island's business leaders seek calm at the political helm

Article Abstract:

Business leaders in Taiwan issued a statement warning that political bickering in the nation could lead to economic collapse. The statement is meant to reduce friction between President Chen Shui-bian and Taiwan's legislature.

Politics NEC, Business, Politics

Similar abstracts:

• Abstracts: Carat adds to Asian infiltration. Euro RSCG aligns with MindShare. Daiko could be slow to change under IPG
• Abstracts: France to speed introduction of open-skies pact with U.S. British Airways shows capacity for frustration. British Airways seeks to revive Oneworld alliance
• Abstracts: ...And the largest IT hardware producer. Focus on China's rural growth engine. China and India will lead the region in growth
• Abstracts: BP settles charges, submits to watchdogs. Mystery Russian company wins bid on Yukos unit. Russian Aluminum faces suit in U.S. from metal traders
• Abstracts: Cummins expects to post loss. Nordstrom's net drops 24%; retailer cuts year's forecast

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.