Rolls of steel are stacked inside the China Steel Corporation factory, in Kaohsiung, southern Taiwan. Photo: Reuters
US-China trade war damages export powerhouse Taiwan’s growth prospects, as global demand softens
- Taiwan’s exports fell for the fifth straight month in March, with the country vulnerable to global demand shifts offshore
- Exports cover 77 per cent of Taiwan’s GDP, an estimated US$595 billion in 2019
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US-China trade war
Rolls of steel are stacked inside the China Steel Corporation factory, in Kaohsiung, southern Taiwan. Photo: Reuters