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Taiwan Exports in Decline, a Signal of Shifting Global Economy

The industrialized Asian island of Taiwan has depended on manufactured exports for about half a century. This year that linchpin of its half-trillion-dollar economy is in decline. The trend points to shifts across the global economy, including new consumer demand that Taiwan is not meeting. Export orders from Taiwan fell a steep 8.3 percent in August after drops of at least five percent each month from May through July. Those figures compare to the same months last year and threaten...

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