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Taiwan's Dec. economic indicators signal a possible recovery.
Taipei, Jan. 29, 2002 (CENS)--Taiwan's composite index of leading indicators rose for the third straight month in December, signaling that an economic recovery for the island is under way, the government said yesterday. The leading indicators, which gauge economic activity for the coming three to six months, rose 1% from one month earlier to 97.30 points in December, the highest level for the past year, the Council for Economic Planning and Development said in a statement. "The indicators showed that the economy is already on a recovery track," said Hu Chung-ying, director of the CEPD's Economic Research Department
However, Hu said that a clear and solid recovery will …
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