Taiwan November exports expand faster than expected, outlook upbeat


TAIPEI: Taiwan's exports rose more than expected in November benefiting from the booming artificial intelligence (AI) industry and a bounce back in demand from top trading partner China, with the outlook upbeat.

Exports rose 9.7% on the year to $41.09 billion, the finance ministry said on Monday, both beating a forecast for expansion of 8% in a Reuters poll and above October's gain of 8.4%, marking the 13th straight monthly rise.

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