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TRI raises this year s GDP growth forecast to 6 07%

Taiwan’s economy is likely to grow at a rate of 6.07 percent this year and 4.05 percent next year, driven by healthy exports and private investment, as the world learns to coexist with variants of SARS-CoV-2, the Taiwan Research Institute (TRI, 台灣綜合研究院) said yesterday. Its projection of 6.07 percent is higher than its July forecast of 5.12 percent, as COVID-19 and containment measures continue to drive a digital transformation worldwide and boost demand for Taiwan-made electronics, the institute said. People around the world should eventually become used to living with the virus resuming normal business operations and private consumption as

Lithuanian MPs go further down the wrong path over Taiwan question

Water Wars: Japan Makes Major Defense Spending Pledges While China Increases Incursions in the South China Sea

Chinese incursions into Taiwan’s air defense identification zone continue to escalate; Japan makes unprecedented defense pledges, to China’s chagrin; U.S. submarine collision gives China an opportunity to push back on U.S. operations in South China Sea; and Malaysia, Indonesia and the Philippines see Chinese incursions in South China Sea.

China targets supporters of Taiwan s ruling party

China said it will punish businesses and political donors with links to individuals supporting Taiwan independence after it fined Taiwanese conglomerate Far Eastern Group. “Businesses and financial sponsors associated with supporters of Taiwan independence will be penalized according to law,” Taiwan Affairs Office spokeswoman Zhu Fenglian told reporters on Monday,…

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