Taiwan-China trade rises 25.8 per cent in 2000

Ulhas Joglekar ulhasj at SPAMbom4.vsnl.net.in
Fri Mar 2 18:23:00 MST 2001


Wednesday
28 February 2001

Taiwan-China trade rises 25.8 per cent in 2000
TAIPEI: Taiwan-China trade increased 25.8 per cent to $32.39 billion in
2000, according to the economic ministry on Tuesday.
The island posted a trade surplus with China of $19.94 billion in the year,
up 19.4 percent from 1999, the ministry said.
Taiwan exports to China in 2000 totalled $26.16 billion , up 23.3 percent,
and its imports from China grew 37.5 percent to $6.22 billion, the ministry
said.
In December alone, bilateral trade totalled $2.59 billion dollars, up 11.0
percent year-on-year, it said.
Taiwan posted a trade surplus with China in December of $1.64 billion , up
12.1 percent from a year earlier, the ministry said.
Taiwan exports to China in the month moved up 11.5 percent to $2.11 billion
dollars while imports from China totalled $474.8 million, up 9.1 percent, it
said.
The month's growth in imports from China was the first single-digit growth
recorded since October 1999, the ministry said.
Taiwan has banned direct cross-strait contacts since it was separated from
the mainland in 1949 at the end of a civil war.
But indirect commerce and investments, made mainly through Hong Kong, have
prospered after Taipei allowed civilian exchanges in late 1987. (AFP)
For reprint rights:Times Syndication Service








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