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Taiwan's central bank downplays unbalanced economic growth fears (opens original article in a new tab)

TL;DR

Taiwan's central bank says economic growth is balanced despite tech sector dominance, noting recovery in traditional industries and raising GDP growth forecasts.

  • Taiwan's central bank downplays fears of unbalanced economic growth due to AI-driven tech sector dominance.
  • Traditional industries show recovery with 7.7% export growth in first five months of 2023.
  • Central bank raised 2026 GDP growth forecast to 9.45% from 7.28% in March.

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