AI exports lift Taiwan's slowing economy
Edited By WION Video Desk
Published: Jul 30, 2024, 06:10 IST | Updated: Jul 30, 2024, 06:10 IST
Economic growth in trade-dependent Taiwan likely slowed in the second quarter, despite robust exports driven by high demand for AI technology. A report by Reuters expects gross domestic product to have expanded by around 4.8% from a year earlier. The previous quarter's strong performance was bolstered by exports and construction, although domestic consumption remained soft.
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