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To: Czechsinthemail who wrote (7148)	3/22/2000 9:59:00 AM
From: DJBEINO	Read Replies (2) \| Respond to of 9582

Taiwan Feb Indus Output +18%; Mkt Expected 11.8% DJ REPEAT: DATA SNAP: Taiwan Feb Indus Output In Expansion ========================================================= Taiwan Indus Output Export Orders !Surprise: Yes ! Feb +18% +13.5% !Trend: Electronics ! Jan +11.7% +10.9% !Demand Boosts Output ! !Cons: Output +11.8% ! ========================================================= TAIPEI (Dow Jones)--Taiwan's economy continued its robust rebound as February industrial output beat optimistic market expectations by expanding 18%, compared with the 10.8% growth a year ago. In addition, the government said Wednesday that export orders rose 13.5% last month to US$9.83 billion, an indication that future actual exports will continue a recent strong growth trend. "The numbers are a surprise and show the global demand for Taiwan products," said Chris Chen, an economist with Jih Sun Securities. The data were the fifth straight month of double-digit growth for industrial production and the fourth straight month for export contracts. In a Dow Jones survey, seven economists had predicted February industrial output would rise 11.8% Industrial output and export orders were expected to rise sharply due to the low base period a year ago when output fell 6.3% and export contracts plunged 10% from the lingering impact of the regional financial crisis and fewer working days from the week-long Lunar New Year holidays. Taiwan Govt: 2000 Indus Output Growth May Reach 10%