Breaking News, World News and Taiwan News.

Taiwan's machine tool exports drop in January

TAIPEI--Taiwan's machine tool exports fell in January, dragged down by worse-than-expected performance in China, the country's major export destination, a local industry group said Tuesday.

Amid global economic uncertainty, exports of Taiwan's machine tools totaled US$247.49 million in January, down 21.9 percent from the previous month and 13.8 percent year-on-year, preliminary statistics indicate.

Carl Huang, secretary-general of the Taichung-based Taiwan Machine Tool and Accessory Builders' Association, attributed the drop to worse-than-expected exports to China, which accounts for some 25 percent of Taiwan's total exports, and represented a slide of 40.5 percent from US$101.28 million in December 2012 to US$60.23 million.

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search