china, covid-19 pandemic, semiconductors, taiwan economy, trade

How Taiwan Beat China to Emerge as Asia’s Top-Performing Economy in 2020

For the first time in 30 years, Taiwan’s economy raced past that of mainland China’s, growing 3.11 percent in 2020, exceeding China’s 2.3 percent expansion according to its National Statistics bureau. The last time Taiwan’s economy grew faster than that of China was in 1990 when the island’s 5.5 percent growth rate beat its larger ...

David Clapp

Taiwanese semiconductor chip.