Economics

Taiwan Raises GDP Outlook as Investment Trumps Trade War

The sun sets over the iconic Taipei 101 building. — The sun sets over the iconic Taipei 101 building.
Photographer: Craig Ferguson/Getty Images

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By Chinmei Sung, Miaojung Lin, and Samson Ellis

November 29, 2019 at 9:10 AM UTC

Updated on

November 29, 2019 at 10:11 AM UTC

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Taiwan raised its economic forecasts for this year and next as evidence mounts that the island’s outlook is benefiting from investment flows amid the U.S.-China trade war.