Taiwan one of three Asian economies to maintain growth in 2020

Taiwan one of three Asian economies to maintain growth in 2020 06 November, 2020 Leslie Liao DBS Bank has readjusted its economic forecasts for Taiwan Taiwan is one of just three major Asian economies that will maintain positive growth in 2020. The other two are China and Vietnam. The statistics branch of Taiwanࢀ™s Cabinet reported on October 30 that Taiwanࢀ™s GDP growth in the third-quarter was 3.33%. It said that Taiwan outperformed the forecast it made back in August by 1.32 percentage points. Singapore-based DBS Bank has adjusted its outlook for Taiwanࢀ™s 2020 GDP growth to 1.8%. Originally, the bank…