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NDC’s Department of Economic Development Director, Chiu Chiu-Ying, pointed out that various external factors could influence Taiwan’s economic trajectory such as the timing of potential U.S. Federal Reserve rate cuts, the upcoming U.S. presidential election, and future economic policies.
China's Caixin manufacturing PMI for May reached 51.7, the highest since July 2022, signifying a significant uptick in manufacturing activity among small and medium-sized enterprises.
Asia's January manufacturing shows a mixed picture as China's contrasting PMI data hints at economic challenges, impacting regional dynamics.