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Issue 240 立即订阅

Taiwanese Manufacturers in the Plastics and Rubber Industry Rise to Ongoing Challenges: A Look into Their Transformation

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Taiwanese Manufacturers in the Plastics and Rubber Industry Rise to Ongoing Challenges: A Look into Their Transformation
by PRM-TAIWAN

As March 2023 approaches, low growth is expected for the year. This is not only reflected in the stock market, but also in Taiwan's plastic and rubber manufacturing industry. At the beginning of the year, the International Monetary Fund (IMF) predicted that the economic growth rate of various countries in 2023 would be below 1% in Europe and the United States, with China expected to reach 4.4%. The most impressive growth rates are coming from the five ASEAN countries, with Vietnam and India leading the pack above 6%. Many economists predict that Vietnam and India will become new engines driving global economic growth in the future.

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