Taiwan’s economic growth rate this year leaps to top of Asia’s 4 tigers for first time in over 10 years

Taiwan News
Date: 2019/05/17
By: Keoni Everington,Taiwan News, Staff Writer

Four Asian Tigers. (By Wikimedia Commons)

TAIPEI (Taiwan News) — Financial information firm IHS Markit predicts that Taiwan’s economic growth rate will lead the pack among Asia’s four tigers, for the first time in more than 10 years.

According to London-based IHS Markit, Taiwan’s economic growth rate this year will be 2 percent. This economic growth rate will put Taiwan on a path to surpass its rival Asian tigers, including Hong Kong (1.8 percent), South Korea (1.7 percent), and Singapore (1.4 percent), according to the firm.    [FULL  STORY]