CIER slashes 2008 growth forecast to 4.5%

Taiwan’s economic growth for the latter half of 2008 will be slower than previousl
y projected, largely due to the escalating impact of the credit crunch in the United States and stock price plunges around the globe, the Chung-Hua Institution for Economic Research (CIER) predicted yesterday….<More>

The China Post news staff and CNA

Saturday, July 19, 2008