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Taiwan's economic activities heat up

Taiwan's economic activities heat up

The overall monitoring indicator for Taiwan's economic climate in November was expected to flash a "yellow-red" light, marking the first time in 25 months that the country's economic activities are seen heating up, according to a preliminary report by the Cabinet-level Council for Economic Planing and Development (CEPD).
In addition, thanks to the global recovery, the total score of monitoring indicators for November was likely to rise to the highest level in more than five years and come close to the bottom line for a "red" light that would signal overheating, CEPD officials said on yesterday.


Updated : 2021-08-01 20:03 GMT+08:00