Taiwan Economy Grows Least Since 2012 as China Hurts Exports
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Taiwan’s economy grew at the slowest pace in three years as exports collapsed amid weaker global demand and rising competition from regional rivals.
Gross domestic product rose 0.64 percent in the three months through June from a year earlier, according to preliminary data released by the statistics bureau Friday. That compares with a pace of 3.37 percent in the previous quarter, and is lower than all estimates in a Bloomberg survey whose median was 2.55 percent.