Taiwan’s economy performing well as global growth divided: TIER

Taiwan’s three business climate indexes up in July

Taiwan News 
Date: 2018/08/24
By: Scott Morgan, Taiwan News, Staff Writer

TAIPEI (Taiwan News) – Director of the Taiwan Institute of Economic Research’s (TIER,

Gordon Sun speaking in 2017. (By Central News Agency)

台灣經濟研究) Prosperity Forecast Center, Gordon Sun (孫明德) said that Taiwan’s economy is performing well as global growth is divided on Aug. 24, reported CNA.

Sun characterized the global economy as “eastern mountain rainy, western mountain clear” (東山飄雨西山晴), during an event to promote TIER’s business climate reports.

TIER is one of Taiwan’s two main economic think tanks, and a leading force of economic analysis of Taiwan and the world. TIER also provides advisory services to government and private industry.

Sun characterized Taiwan’s recent economic results as being good, and said Taiwan is not necessarily in a boom period. He suggested that some Taiwanese manufacturers are concerned about the effect of the ongoing U.S.-China trade war, reported CNA.
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