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TAIWAN'S ECONOMY PROMISING: CEPD HEAD.
TAIPEI, June 1 Asia Pulse - Taiwan's economy is promising in light of its performance over the past five months, Council for Economic Planning and Development (CEPD) Chairman Hu Cheng-sheng said Monday.
After attending an interpellation session at the Legislative Yuan, Hu told reporters that Taiwan's economy has continued to heat up, with a yellow-red light rating recorded for five consecutive months since last December.
In the CEPD's five-color grading system, a red light signifies an overheated economy, yellow-red indicates that the economy is heating up, green reflects steady growth, yellow-blue represents sluggishness and blue means recession.
According to statistics released by the Directorate General of Budget, Accounting and ...
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Source: HighBeam Research, TAIWAN'S ECONOMY PROMISING: CEPD HEAD.