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Friday, 25 October 2013

Taiwan Freight Transport Report Q4 2013:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports
 
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Taiwan Freight Transport Report Q4 2013
Oct 23rd 2013, 00:00, by swapnil

Another Downward Revision Of Taiwan Growth Forecasts Over the past three months we have once more cut back our growth forecasts for Taiwan. We now expect GDP growth of 2.1% this year (down from 3.0% previously) and 3.0% in 2014 (down from 4.0%). There are two main reasons for the more conservative outlook. First, despite a promising recovery in foreign trade in June, BMI believes Taiwan remain very exposed to the economy of mainland China, which continues to show progressive weakness. We are also concerned that China’s 12th Five Year Plan suggests much tougher competition for Taiwan’s semiconductor and flat-panel …

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