Economic sluggishness continues in Taiwan

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Xinhua, Taipei :
Taiwan’s economy continued to show signs of sluggishness in August as indicated by the latest index gauging the business climate on the island.
The composite index of monitoring indicators for August continued to flash the “yellow-blue light,” dropping two points from July to 20 points, suggesting the economy remained stuck between recession and growth, according to the island’s economic planning authorities.
The island’s economy has been flashing the yellow-blue light since January 2019 after improving from a contraction in December.

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