Taiwan has had 6 deaths from COVID-19 and no lockdowns. Consumption trends are tanking like everyone else's
barrons.com/articles/taiwa
Conversation
A 22% decline in restaurant spending is not a 100% decline in restaurant spending. And a ~7% decline in consumer spending is not too bad either! I’d say Taiwan’s policy mix will be looked on kindly by history. Social trust & individual responsibility seem like an excellent combo.
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