News Snapshot:
Taiwan economy to expand 5.9pct in 2021: J.P. Morgan TaiwanNews | 5:02 AM J.P. Morgan has predicted 5.9 percent economic growth for Taiwan in 2021 thanks to its effective COVID-19 response. Lauding Taiwan as one of the best-performing nations in North Asia, Luis Oganes, global Head of Emerging Markets Research for J.P. Morgan, said virus control success was reflected in the country’s GDP figures. The financial services firm forecast Taiwan’s economy will expand 5.9 percent this year, before slowing to 3.5 percent in 2022. This will see Taiwan fare better than the global average, along with the US, and the...
