Path: bloom-picayune.mit.edu!enterpoop.mit.edu!snorkelwacker.mit.edu!americast.com!americast.com!americast-post Newsgroups: americast.latimes.money From: americast-post@AmeriCast.Com Organization: American Cybercasting Approved: americast-post@AmeriCast.com Subject: TAIWAN Date: Tue, 24 Nov 92 06:06:07 EST Message-ID: Lines: 18 HEADLINE: TAIWAN Publication Date: Monday November 23, 1992 BYLINE: Economic Growth Estimates Cut: In a signal that the world economic downturn is gradually affecting Asia, Taiwan has sharply lowered its estimates of economic growth for the third and fourth quarters, as well as the first half of next year. Gross national product grew 5.14% in the third quarter, nearly a full percentage point less than the 6.08% predicted three months ago. For all of 1992, the economy is expected to grow 6.11%, nearly a percentage point below the government's forecast of 6.93%. The government also lowered its forecast for economic growth in the first half of 1993 to 6.35% from 6.86%. This article is copyright 1992 The Los Angeles Times Home Edition. Redistribution to other sites is not permitted except by arrangement with American Cybercasting Corporation. For more information, send-email to usa@AmeriCast.COM