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Taipei / DPA
Taiwan Finance Minister Chang Sheng-ford said that exports in March showed no signs of improvement and suffered
another double-digit decline in the midst of a slow economy.
Chang broke the news to the Central News Agency one day before the Ministry of Finance is due to release March’s
exports report.
Given that adverse factors such as falling crude prices, China’s slowdown and lower-than-expected global recovery are still present, it is unlikely that exports can rebound, Chang said in the interview.
According to Chang, the ministry is set to announce that March exports contracted for the 14th straight month.