TAIPEI: Taiwan’s trade-dependent economy could grow more than 4% this year on the back of booming demand for its tech products as long as the Covid-19 pandemic remains under control, Economy Minister Wang Mei-hua said on Saturday.
Taiwan’s economy grew at its fastest pace in almost a decade in the fourth quarter after contracting earlier last year. For 2020, initial gross domestic product (GDP) growth was put at 2.98%, higher than China’s 2.3% rise last year.
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