Economy grew 6.55% in Q1/2011.

By bne IntelliNews May 23, 2011

Taiwan's economy expanded 6.55% in the first quarter of this year, mainly supported by the robust exports and domestic spending. As reported by Agence France Presse, the Directorate General of Budget, Accounting and Statistics stated that the growth was attributed to an increase of 9.62% in the exports in the first quarter, along with the rising private investment and consumer spending. The country's economy expanded 10.88% last year, driven by the rapid growth in China.

Economy grew 6.55% in Q1/2011.

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