Taiwan’s 2020 economic growth looks to outpace mainland China’s for first time in decades

//Taiwan’s 2020 economic growth looks to outpace mainland China’s for first time in decades

Taiwan’s 2020 economic growth looks to outpace mainland China’s for first time in decades

Taiwan’s economic growth rate may exceed that of mainland China for the first time in nearly 30 years, according to official estimates and those from economists.The Taiwanese government revised up its annual growth estimate to 2.5 per cent at the end of last month. Although the mainland government has not announced a growth target for this year, economists have said it could be around 2 per cent, in light of a relatively quick recovery from the coronavirus this year.If confirmed when the…

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By | 2020-12-11T22:15:15+00:00 December 11th, 2020|Business|Comments Off on Taiwan’s 2020 economic growth looks to outpace mainland China’s for first time in decades