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Taiwan Businesses Not Harmed by Earthquakes

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TAIPEI, Taiwan–This year’s earthquakes will not harm Taiwan’s economical growth, according to a recent release by the German press agency dpa. The statement says that the economic growth in 2000 will exceed the 5.5% increase recorded in 1999. Taiwan’s economic counsel in Taipei forecasts an overall economic increase of 6.1%. This positive forecast is rooted […]

TAIPEI, Taiwan–This year’s earthquakes will not harm Taiwan’s economical growth, according to a recent release by the German press agency dpa. The statement says that the economic growth in 2000 will exceed the 5.5% increase recorded in 1999.

Taiwan’s economic counsel in Taipei forecasts an overall economic increase of 6.1%. This positive forecast is rooted mainly in the national (re)construction boom as well as in the rising national requests for consumer goods. (JB)

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