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Taiwanese officials claim China’s customs administration has barred shipments of squid, Pacific saury, fourfinger threadfin and possibly other species.

A Taiwanese business index which provides an economic outlook for the next half year declined for a 12th straight month in October, signalling no quick end to disruptions in mainland China.

Taiwan’s export orders totalled US$55.4 billion in October, down by 6.3 per cent year on year, with orders from mainland China and Hong Kong plummeting by 26.7 per cent, data released on Monday showed.

Taiwan’s export orders totalled US$39.93 billion in October, down by 0.5 per cent year on year, but 6.4 per cent better than in September, while orders from mainland China dropped by 9.2 per cent to US$14.72 billion.

Output value for Taiwan’s integrated circuit sector should increase by 15.6 per cent this year, but by just 6.1 per cent next year due to inflation and increased living costs, coupled with China’s economic slowdown.