Economics

Taiwan Raises GDP Forecast on Better-Than-Expected Exports

Views of the Taiwanese Coast — Photographer: I-Hwa Cheng/Bloomberg

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By Debby Wu and Samson Ellis

November 27, 2020 at 9:25 AM UTC

Updated on

November 27, 2020 at 10:52 AM UTC

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Taiwan raised its forecast for growth this year as stronger-than-expected international demand for technology products shielded the economy from the global slowdown fueled by Covid-19.