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Market Asia Pacific

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CHINA AND TAIWAN... A NEW ERA OF TRADE.(Brief Article)
With domestic demand for goods and services stuck in low gear, Taiwan is increasingly turning to Mainland China as a growth market. Ironically China emerged as Taiwan's leading trade partner late . . .

SINGAPORE'S EXPORTS UP... CONFIDENCE DOWN.(Brief Article)
The first signs of an economic recovery in Singapore emerged early in the third quarter, but rising export sales did little to boost consumer confidence at home. If the current spate of layoffs . . .

SHOPPERS MAKE AN APPEARANCE IN NORTH KOREA.
The first signs of private sector economic activity are beginning to emerge in North Korea. The fact that shoppers have made an appearance in Pyongyang's stores of late is a sure sign that recent . . .

PLIGHT OF PAKISTANI CONSUMERS TO IMPROVE.(Brief Article)
The average Pakistani household is still very limited in discretionary spending, but the situation is improving a bit thanks to good macroeconomic performance and a relatively strong . . .

CHINESE INTERNAL DEMAND FIZZLES.(Brief Article)
Strong growth in household demand for Chinese goods and services put upward pressure on internal consumption in recent years, but it began to lose momentum during 2002. As a result, retail sales . . .

BORROWING SPREE BOOSTS INDIAN HIGH-END PURCHASES.
A sharp rise in Indian consumer lending should open the door for double- digit gains in high-end consumption in the upcoming year. Big winners will be the residential real estate sector and . . .

PAKISTAN- UNTAPPED POTENTIAL FOR DYNAMIC GROWTH.(Brief Article)
The Musharraf regime has shown a willingness to press ahead with much-needed economic reforms that are gradually strengthening private sector performance. Industrial sector investment is up and . . .

INDONESIA BEGINS TO BUILD CONSUMER CONFIDENCE.(Brief Article)
After decades of geopolitical instability, it appears that the Megawati regime is laying a solid foundation for sustainable growth of private sector consumption. By reducing risk and stimulating . . .

NORTH KOREA'S FIRST STEPS TOWARD PRIVATE CONSUMPTION.(Brief Article)
North Korea's government and its consumer base of 23 million are showing signs of emerging from isolation and it appears that the Kim regime may espouse the Chinese development model. Shoppers are . . .

ASEAN'S DECREASING RELEVANCE.(Brief Article)
ASEAN has been in existence for over 35 years yet trade among member nations continues to fall well short of potential. Intra-bloc trade should remain relatively stagnant through 2003, while trade . . .

AUSTRALIAN BUYING SPREE NEARS AN END.(Brief Article)
Australia's central bank raised the benchmark interest rate twice during the second quarter of this year in an attempt to slow economic expansion and keep inflation under control. Higher . . .

ASIA PACIFIC IN NEED OF A NEW TRIGGER.(inter-regional consumption and trade)(Brief Article)
The Asia Pacific region is home to over 60 percent of the world's consumers. Liquidity in the region is good and getting better, but nothing has triggered the level of inter-regional consumption . . .

NEW ZEALAND SHIFTS INTO LOW GEAR.(Brief Article)
As household spending and inflation rose during the first half of this year, New Zealand's central bank felt compelled to cool off spending by means of a series of interest rate hikes. Through . . .

TAIWAN- A SOFT BASE OF CONSUMPTION.(Brief Article)
Double-digit growth in Taiwanese industrial expenditure during the second quarter of this year reflected a rebound in export sales, but by the third quarter, growth levels were below target. . . .

KOREA'S UNEXPECTED DIP IN DEMAND.(Brief Article)
By midyear 2002, it appeared to Korean companies that strong growth in internal and foreign demand would continue through the remainder of 2002. However, declining orders from the United States . . .

JAPAN'S "ON AND OFF" RECOVERY.(Brief Article)
Japanese industrial consumption showed its first signs of coming back to life during the second quarter of this year, but optimism faded along with export orders in the third quarter. Industrial . . .

INDIAN HOUSEHOLD CONSUMPTION LOSES MOMENTUM.(Brief Article)
India's agricultural sector has an inordinately strong impact on household consumption, but this year the impact will be negative. About 70 percent of India's one billion inhabitants derive . . .

JAPANESE INDUSTRIAL DEMAND BOTTOMS OUT.(Brief Article)
Depressed internal consumption will not improve significantly this year, but rising export sales should be enough to put an end to Japan's third recession in a decade. An upswing in export . . .

PHILIPPINES EXPENDITURE AND INVESTMENT ON THE RISE.(Brief Article)(Statistical Data Included)
The economy of the Philippines is not yet on stable footing, but increased household and industrial spending will contribute to steady growth into the first quarter of 2003. The pressure is on the . . .

TAIWAN- EXPORT GROWTH OFFSETS INTERNAL DECLINE.(Brief Article)(Statistical Data Included)
The sales panorama for Taiwanese manufacturers improved considerably in June and July of this year, in spite of the fact that internal demand remains stagnant. Year-on-year increases of more . . .

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