Coronavirus: Taiwan economy faces ‘double whammy’ as island tightens containment measures – South China Morning Post

Coronavirus: Taiwan economy faces ‘double whammy’ as island tightens containment measures – South China Morning Post

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Taiwan faces a potential “double whammy” as a surge of coronavirus cases and the reintroduction of containment measures threaten to derail the pace of growth in an economy that outperformed most of the world last year, economists said.While much of the globe was reeling from the impact of the pandemic, Taiwan reported just a trickle of daily cases brought in on international flights in 2020, allowing its economy to grow by 2.98 per cent.But a spike in infections this week has pushed the total…Read More

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