| Journal Call no. | HC411.A76 |
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| Author | Shameen, Assif. |
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| Article Title | A presidential bull run : billions pump up Taipei in the run-up to Lee's big day / Assif Shameen. |
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| Is Part Of | Asiaweek ; v.22, no.21, 24 May 1996, p.52, illus. |
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| Abstract | Just three months ago, Taiwan stocks were on a slippery slope. With China lobbing missiles near the island, punters were selling stocks and hoarding U.S. dollars and gold. The Taiwan currency was plummeting and foreign banks had to charter cargo planes to bring in greenbacks to satisfy public demand. The past eight weeks have been exactly the opposite. The Taipei bourse has surged and surged. On April 29, the Taiwan Weighted Index touched 6,183 - up a third from 1996's low - and analysts expected more advances as the May 20 presidential inauguration neared. |
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