Tuesday, May 22, 2007

Taiwan's Economy Probably Grew at Fastest Pace in Six Months, Survey Shows

(Bloomberg) -- Taiwan's economy probably grew at the
fastest pace in six months in the first quarter because of rising
demand from China for the island's electronics and as consumer
spending rebounded.

Gross domestic product expanded 4.2 percent from a year earlier
after climbing 4 percent in the fourth quarter, according to the
median estimate of 13 economists surveyed by Bloomberg News. The
growth report is due tomorrow at 5 p.m. in Taipei.


Read more at Bloomberg Bonds News

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