Taiwanese manufacturers scale back investments amid projected China economic downturn

Bryan Chuang, Taipei; Jerry Chen, DIGITIMES Asia Friday 22 December 2023 0

Credit: CATL

In the face of the US-China trade and tech wars, sluggish domestic demand, falling exports, and the impact of a shrinking population, global organizations have slashed China's 2024 GDP growth forecast, now hovering between 3.9% and 5.1%.

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