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Andrea Fiano: The Taiwanese economy performed remarkably well during the pandemic. How were different sectors affected? Dr. Yih-Juan Wu, Director General, Central Bank of Taiwan: According to our bank’s forecast, the Taiwanese economy is much better than other major nations this year because we have a strong high-tech sector, whose exports outperform many other neighboring Asian countries. As in other countries, Covid-19 has had a very adverse impact on the services sector because a lot of people cannot travel abroad, and tourists cannot come to Taiwan. As a result, all services had some kind of adverse impact last year. However, our goods exports performed relatively well.  Taiwan’s situation is much better than other countries. Our daily life is just like normal. We expect that this year our economic growth will be better than last year. Private consumption, especially, may pick up momentum, and our exports remain relatively strong. And private investment will improve. 

Hong kongRepublic ofNational taiwan universityT ai peiSarah chenJonathan leeYih juan wuTony phooJack wangAndrea fianoYih jiuan wuTaishin holdingsBasel programmeCentral bankEconomic researchTreasury division