Tuesday, January 29, 2008

Taiwan-China Jan-Nov bilateral trade 92.68 bln usd, up 15.3 pct yr-on-yr

TAIPEI (XFN-ASIA) - Bilateral trade between Taiwan and mainland China in the 11 months to November 2007 rose 15.3 pct from a year earlier to 92.68 bln usd, the Board of Foreign Trade said.
The figure accounted for 22 pct of Taiwan s total external trade during the period, up 1.4 percentage points from a year earlier, the board said in a statement.
Taiwan registered a trade surplus with China of 41.89 bln usd, up 19.4 pct from a year earlier.
Exports to the mainland rose 16.5 pct year-on-year to 67.29 bln usd, while imports were up 12.1 pct at 25.39 bln usd.
Shipments to mainland China accounted for 30.1 pct of Taiwan s total exports during the 11-month period, up 1.9 percentage points from a year earlier.
Imports from China accounted for 12.8 pct of the island s total imports, up 0.6 percentage points from a year earlier.
adela.lin@afxasia.com
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