Think Tank Predicts Taiwan Economy to Grow 3.8% in Q3
The Chung-Hua Institution for Economic Research predicts 3.81% growth for Taiwan's economy in the third quarter, driven by exports and AI developments. But the stock market remains shaky following negative remarks about Taiwan by U.S. presidential candidate Donal Trump.
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00:00Taiwan's economy is projected to grow by 3.8 percent in the third quarter, according
00:05to a think tank in Taipei.
00:08The Zhonghua Institution for Economic Research says it expects exports and advancing AI applications
00:14to drive this growth.
00:16Despite the optimistic outlook, shares in Taiwan took a beating after U.S. presidential
00:21candidate Donald Trump accused Taiwan of stealing U.S. semiconductor business that led to tech
00:27shares falling, including for chip-making giant TSMC, affecting overall market confidence.