Measures to Stimulate Taiwan's Economy

* Taiwan's export continued to decline in Q1 2023. With economic and geopolitical uncertainties abound, there is not indication that the world economy will rebound anytime soon. As a key player in the global supply chain, sluggish performance will likely continue for Taiwan's export-oriented economy.

* For a report on the recent measures by Taiwan government to stimulate local economy, please see: https://www.scmp.com/economy/global-economy/article/3219533/taiwan-doubles-down-stimulus-halt-recession-tourist-handouts-cash-citizens, including Dr. Raymond Wu's commentary.