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Taipei,China
Exports Slumped, Economy to Shrink Despite Fiscal StimulusLate last year external demand slumped for the economy of Taipei,China's manufactured products, including its vital electronics exports. With domestic demand also contracting, GDP growth was minimal. Inflation accelerated to a 14-year high, then subsided by year-end. Even though substantial fiscal stimulus is being injected this year and interest rates have been lowered, the economy is forecast to shrink by 4.0% before resuming low-level growth next year. Reports
Taipei,China and ADB
Taipei,China is ADB's 18th largest shareholder. It has contributed $608.35 million in capital subscription and $62.57 million to special funds
since joining in 1966.
 Learn more about ADB's partnership with Taipei,China [ PDF ] Links |
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Second Power Transmission and Distribution(Loan) Taipei-Yangmei Freeway (Terminus Sections)(Loan)
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Fact Sheet: Taipei,China and ADB, A
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