Economics
Taiwan Posts Fastest Growth Since 2010 on Export-Fueled Boom
- GDP rose 8.16% in first quarter, well above estimates of 6%
- Global computer chip shortage has fueled export demand
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Taiwan’s economy grew the fastest in more than 10 years in the first quarter as companies scrambled to build new production lines in an effort to keep up with an insatiable overseas appetite for computer chips and other electronic goods.