Taiwan raises 2020 economic view as Q3 growth jumps


Source: sharenet.co.za sharenet.co.za

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Taiwan raises 2020 economic view as Q3 growth jumps (Recasts, adds details, byline) * 2020 GDP estimate raised to +2.54%, vs previous forecast +1.56% * 2021 growth seen at 3.83%, vs previous forecast +3.92% * Q3 growth revised up to 3.92% y/y, from 3.33% By Jeanny Kao and Yimou Lee TAIPEI, Nov 27 (Reuters) - Taiwan's economy is expected to grow 2.54% in 2020, the slowest in four years but far better than many of its regional peers, as a strong rebound in exports and consumer confidence helps the island shake off the blow from the coronavirus crisis. Boosted by...