Taiwan, officially the Republic of China is a state in East Asia. Originally based in mainland China, the Republic of China now governs the island of Taiwan, which makes up over 99% of its territory, as well as Penghu, Kinmen, Matsu, and other minor islands.
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- Taiwan relies on export growth, and demand from Europe and the US is pretty weak. So based on experience, the government needs to be a bit cautious.
- Hsu Kuo-an, economist at Capital Securities in Taipei, quoted on BBC News, "Taiwan GDP soars on exports to China", February 22, 2010.
- Originally, we were waiting for spring swallows, but instead a swarm of angry birds came flying.
- TIER chief forecaster Sun Ming-te said, using a reference to a popular electronic game, quoted on Taiwan News, "Taiwan GDP growth won't reach 2%: TIER", November 5, 2013.