Taiwan raises 2021 economic view as Q4 growth jumps


Source: malaymail.com malaymail.com

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Honour guards perform Taiwan national flag lowering ceremony at Liberty Square in Taipei April 1, 2020. — Reuters pic TAIPEI, Feb 20 — 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 per cent this year, the Directorate General of Budget, Accounting and Statistics said on Saturday, up from a forecast made in November for 3.83 per cent...