Economics

Taiwan’s Once Blistering Economy at Risk From Covid, Drought

Virus curbs, power outages could affect high-tech exports
Export orders rose better-than-expected 42.6% on chip demand

WATCH: Taiwan's Covid19 cases have surged from 0 to quadruple-digit numbers. Complacency, vaccine shortfalls and "hostess bars" play a role, reports @samsonellis.(Source: Bloomberg)

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By Miaojung Lin

May 19, 2021 at 9:00 PM UTC

Updated on

May 20, 2021 at 8:16 AM UTC

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Taiwan is facing major threats from a surge in coronavirus cases and drought-triggered power outages, potentially derailing one of Asia’s economic success stories this year.