Subdued Demand for Taiwan’s Tech Exports Gives Worst GDP Projections in 8 Years
Taiwan’s real GDP contracted by 0.41% in Q4’22 from the same period in the previous year, primarily due to a decrease in exports and manufacturing. In 2023, Taiwan’s real GDP is projected to grow by 2.12%, supported by the continuing investment in the semiconductor industry and offshore wind energy, as well as expanding airline fleets. … Read more