• 09/20/2024

Taiwan enters recession on weak worldwide demand for its electronics

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Global inflation and rate-hike pressure also contributed to a second-straight quarter of economic contraction for the island during the year’s first quarter, by more than 3 per cent.

https://www.scmp.com/economy/economic-indicators/article/3218763/taiwan-enters-recession-weak-worldwide-demand-its-electronics?utm_source=rss_feed