Global Trade Bellwether Taiwan Posts 16 Straight Months Of Sliding Exports

by Tyler Durden
ZeroHedge.com
Jun 7, 2016

The declines highlight a slowing global economy, specifically in China which is a significant trading partner with Taiwan. We have highlighted for some time that there have been massive amounts of layoffs in China, and the impact is now making its way to the broader global economy. Countries exporting to China will continue to face headwinds, because as we pointed out yesterday the real unemployment rate in China is 12.9%, triple the official reported rate.

The Rest…HERE

This entry was posted on Tuesday, June 7th, 2016 at 10:36 am and is filed under Economics, New World Order, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.