Taiwan’s GDP forecast to grow 4.1%

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(The Taipei Times)

IHS Markit expects exports to increase by about 13 percent this year, as demand for electronics worldwide has recovered significantly since last year

Taiwan’s economy might expand 4.1 percent this year, accelerating from a 3.11 percent pickup last year, as its exports would continue to benefit from surging demand for electronics products amid and after the COVID-19 pandemic, global research body IHS Markit said yesterday.

Taiwan has been one of the world’s most resilient economies during the pandemic-triggered recession last year.

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