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Indicator Spotlight

Taiwan Export Orders: No Sign Of Global Growth Momentum

by Gabriel Gosselin, Research Associate   Felix-Antoine Vezina-Poirier, Chief Strategist  

Strong Taiwanese export orders reflect AI demand rather than a pickup in global growth momentum. Taiwanese export orders reached a record high in December, rising 43.8% y/y and accelerating from 39.5% the prior month. The increase was concentrated in telecom…

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