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Taiwan's economy heats up, scholars warn export risks loom in second half

 
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Manage episode 431456477 series 3349850
Content provided by 中央廣播電臺 RTI Radio Taiwan International and English Service. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by 中央廣播電臺 RTI Radio Taiwan International and English Service or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Taiwan's National Development Council (NDC) on Monday reported a “red light” economic indicator for June, signaling strong economic activity. This is the first such signal since January 2022. The NDC says the red light for June was driven by strong semiconductor demand, increased server needs, and a recovery in traditional industry exports. However, scholars warned on Tuesday that the biggest risk to Taiwan's economy in the second half of the year is exports. National Central University's Research Center for Taiwan Economic Development CEO Dachrahn Wu (吳大任) says June's exports reached USD$39.9 billion, a 23% annual increase due to AI demand. He emphasized that maintaining this growth depends on export performance.

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1014 episodes

Artwork
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Manage episode 431456477 series 3349850
Content provided by 中央廣播電臺 RTI Radio Taiwan International and English Service. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by 中央廣播電臺 RTI Radio Taiwan International and English Service or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Taiwan's National Development Council (NDC) on Monday reported a “red light” economic indicator for June, signaling strong economic activity. This is the first such signal since January 2022. The NDC says the red light for June was driven by strong semiconductor demand, increased server needs, and a recovery in traditional industry exports. However, scholars warned on Tuesday that the biggest risk to Taiwan's economy in the second half of the year is exports. National Central University's Research Center for Taiwan Economic Development CEO Dachrahn Wu (吳大任) says June's exports reached USD$39.9 billion, a 23% annual increase due to AI demand. He emphasized that maintaining this growth depends on export performance.

  continue reading

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