Taiwan manufacturing contraction eases

07/1/2013 | Taipei Times (Taiwan), The

Taiwan's manufacturing sector remained in contraction last month, but the rate of pullback eased somewhat. The HSBC purchasing managers index of 49.5 improved from 47.1 in May because of weak external demand. "Businesses are still feeling the weight of China's slowdown and weak Western demand," HSBC Greater China economist Donna Kwok said in the report.

View Full Article in:

Taipei Times (Taiwan), The

Published in Brief: