Taiwan’s ‘new normal’ of volatility and deterrence

Volatility is perhaps the best word to describe Taiwan’s 2022. Though initial economic forecasts expected Taiwan to continue its strong growth from 2021, Taiwan’s actual annual GDP growth rate — 2.43% — was nearly half of 2022’s projected 4.42%. Actual growth in the fourth quarter contracted 0.86%, a rare 5% departure from the original forecast of a […]Continue Reading