In the first nine months of 2019, the United States recorded a US$17.4 billion trade deficit with Taiwan. Photo: EPA

Taiwan keen to avoid currency manipulator label by reducing US trade surplus

  • Taiwan’s trade surplus with the US is expected to pass US$20 billion this year, meeting one of the criteria Washington uses to qualify for monitoring
  • Taiwan was last labelled a currency manipulator by the United States in December 1992, and was on the US Treasury monitoring list in 2016 and 2017
Topic |   Taiwan

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In the first nine months of 2019, the United States recorded a US$17.4 billion trade deficit with Taiwan. Photo: EPA
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During the first three quarters of 2019, the value of all Asian exports including those from China, dropped by around 2.2 per cent from a year earlier, according to analysts from UK-based research firm Capital Economics. Photo: AFP

Japan, Taiwan, South Korea exports raise hopes Asian tech cycle downturn has bottomed out

  • Latest export data from the three main semiconductor producing countries in Asia – Japan, South Korea and Taiwan – offer a glimmer of hope of a recovery
  • Question mark remains over 15 per cent tariff the US is planning to impose on around US$156 billion of Chinese goods on December 15
Topic |   China economy

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During the first three quarters of 2019, the value of all Asian exports including those from China, dropped by around 2.2 per cent from a year earlier, according to analysts from UK-based research firm Capital Economics. Photo: AFP
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