The pandemic barely dented Taiwan’s economy

While most of the global economy is still reeling, damage to the hospitality and tourism sectors in parts of Asia has been offset by swelling demand for technology goods, according to economic researchers at JPMorgan. The country’s economy is benefiting from the demand for technology that powers 5G servers and artificial intelligence, and it’s been turbocharged by home-schooling and work-from-home trends around the world. Taiwan’s GDP will grow 1% this year, according to JPMorgan, one of the very few economies that’s expected to expand.