Economy Grows 8% in Q1 (Yes, you heard that right)

The effects had kicked off that quickly? My memory betrays me again.

It doesn’t matter. Taiwan’s economy didn’t contract Q1 2020.

1 Like

Economy only grows for the ultra rich anyways.

Can I sing you a song to cheer you up?

2 Likes

The economists were projecting 5 percent annual growth but only 5.5 in the first quarter. This beat their predictions by a mile, that’s the economy outperforming expectations which is always a good thing.

3 Likes

China’s economic recovery quickened sharply in the first quarter to record growth of 18.3% from last year’s deep coronavirus slump, propelled by stronger demand at home and abroad and continued government support for smaller firms.- Reuters

Yea, we’ll see for the whole year.
Prediction
Taiwan: 6-8%
US: 5-6%
China 9-12%

China’s numbers are fake.

The fact is, Taiwan has gotten lucky by just about every thing.

US China trade war: Taiwan wins

Japan-Korea trade war: Taiwan wins

Pandemic, people work from home and need more electronics: Taiwan wins

1 Like

Play this on a repeating loop.

1 Like

You forgot one. China gives world disease, world helps cover it up and is slow/unwilling to react. China is now ultra confident they own the planet and start expanding.

Taiwan, wins?

1 Like

World was very slow on the Uyghur thing too.

You have a point.

But yeah, US and Taiwan are closer than ever.

European parliamentarians to start visiting. Taiwan wins.

1 Like