Asian Tigers Leave Taiwan Behind
Employees work inside a Siliconware Precision Industries Co. (SPIL) facility in Hsinchu, Taiwan, on Monday, April 18, 2016.
Photographer: Maurice Tsai/Bloomberg
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Of Asia’s fabled “tiger” economies, one is burning less brightly than the rest.
Taiwan is set to lag further behind its three peers -- Singapore, Hong Kong and South Korea -- economies which underwent rapid industrialization starting around the 1960s, according to data from the International Monetary Fund.