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Updated Wednesday, July 22, 2009 9:56 am TWN, The China Post news staff

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Cross-strait trade falls 36.7% in first half of year

TAIPEI, Taiwan -- Figures released by China's Ministry of Commerce show that trade between the mainland and Taiwan decreased by 36.7 percent in the period between January and June this year compared with the same period last year.

Total trade between the two sides amounted to roughly US$43.03 billion in the first six months of this year, with exports to Taiwan making up approximately US$8.3 billion, while Taiwanese exports to Taiwan amounted to roughly US$34.8 billion.

The statistics also show falling Taiwanese investment in China during the period. Mainland authorities approved 1,143 Taiwanese investments, down 4.2 percent when compared with the same period last year. The total value of those investments was US$870 million, a decrease of 12.5 percent.

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