Economy, Taiwan | featured news

Taiwan snapped two straight quarters of contraction, but an uncertain outlook for its major trading partners prompted Taipei to revise growth forecasts for the year.

Taiwan and China signed agreements on financial cooperation, expanding air links across the Taiwan Strait and jointly fighting crime, in a move to improve further trade and economic relations.

The practice gives workers some security but, over time, employee morale still suffers.

Taiwan hands out shopping vouchers to its citizens in a bid to stimulate the island's economy.