News Snapshot:
TAIPEI (Reuters) - Taiwan's economy will grow at its fastest pace in seven years in 2021, the statistics office said, upgrading its economic outlook as a strong rebound in exports and demand for chips helps the island shake off the blow from the coronavirus crisis. Gross domestic product (GDP) is expected to expand 4.64% this year, the Directorate General of Budget, Accounting and Statistics said on Saturday, up from a forecast made in November for 3.83% growth, which would also have been its fastest since 2014. The revision came as the statistics office roughly doubled its export growth forecast for...
