23 Jul '13, 2pm

With China’s growth faltering, dark days lie ahead for Taiwan, South Korea and Singapore

With China’s growth faltering, dark days lie ahead for Taiwan, South Korea and Singapore

Demand is shrinking for things like the semi-conductors that power these little guys. AP Photo/Damian Dovarganes With China’s growth faltering, dark days lie ahead for Taiwan, South Korea and Singapore By Gwynn Guilford — July 23, 2013 Orders for Taiwanese exports flopped unexpected in June, falling 3.5% on the same month last year, the fifth straight month of declines . That slowdown appears to be dragging industrial production down with it; last month, that metric fell 0.4% on the previous year , upsetting expectations for a 2.8% rise. Here’s a look at export orders: ​ That fall is partly due to China’s slowdown . Export orders from the mainland and Hong Kong, which make up more than a quarter of the total value of global exports, fell 8.6% since May, and were down 1.9% on June 2012. Taiwan has run a fairly consistent trade surplus with China, which leaves it vulnerable ...

Full article: http://qz.com/107168/with-chinas-growth-faltering-dark-da...

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