Market News

Looking back at the continuous fluctuations in global economic and trade conditions in 2019, the global economy is in a high degree of uncertainty, and the overall output value of Taiwan's machine tool industry in 2019 will be affected.

Will the African market be the next manufacturing hub? African leaders call on Nigeria and African countries to strengthen manufacturing and regional supply chains.

Africa is currently in a stage of explosive population growth. Currently, the entire African continent has a population of approximately 1 billion, and there will be 2 billion people by 2050. Compared with the fact that China’s surplus labor force is roughly exhausted, the African continent is a huge and attractive market for foreign investors.

Six trends are shaping the global chemical industry. While they spell uncertainty in the global context, they could open near-term opportunities in India.

The U.S. government intends to impose taxes on American companies producing overseas, which should be moved back to the U.S. for domestic manufacturing.

3D printing technology has been widely used in recent years, and it has also allowed the manufacturing industry to evolve into a "smart" manufacturing industry, which can achieve the large output value with the less manpower.

In 2020, Taiwan's machinery industry will first stabilize its foundation and upgrade its technology, and gradually expand the demand for intelligence at home and abroad. In the future, it is expected to increase the market for smart machinery and smart manufacturing, and accelerate the realization of its vision of two trillion yuan in output value by 2025.

Japan is one of the leading countries in the machinery industry, with superb machinery manufacturing technology, and the output value of the machinery industry accounts for about half of Japan's overall manufacturing industry.

According to the International Economic Forecasting Agency, the global economic growth of this year (2020) is almost the same as the growth rate of 2019. However, the impact of the covid-19 may affect the economy of various countries in the short term and even impact the industrial supply chain. The current situation of the international economy and explain the possible influence factors of the recent development of the North American market, including the US-Canada-Mexico Agreement, the US-Japan Agreement, the US-China trade war, etc., and then the development of the supply chain changes explore the outlook for the North American market.

2020 is a year of global economic challenges. The United States has the worst epidemic in the world, ethnic conflicts, and political turmoil, but US stocks have soared. After the epidemic and ethnic conflicts, when and how will the US economy restart?