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✉news BusinessEconomy first seen 5 h ago, last 1 h ago, peak #23

Taiwan manufacturing growth cools as old economy sectors weaken

Taiwan's manufacturing sector is still expanding but at a slower pace, with the slowdown driven mainly by traditional, old-economy industries. Newer technology-driven production appears to be holding up better, while sectors such as chemicals, basic metals and other legacy manufacturers are dragging on overall growth. The figures add to concerns about uneven momentum in an economy heavily reliant on exports.

Why now: Fresh data showing weakening traditional industries raises concerns about the breadth and durability of Taiwan's export-led recovery.

Taiwan

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