The Taiwanese economy shrank more than expected in the first quarter, suggesting tighter links to a slowing China remain a drag on growth for the export-dependent nation.
Taiwanese GDP contracted by 0.84 per cent from a year earlier in the March quarter, accelerating from contraction of 0.52 per cent at the end of 2015 and exceeding expectations of a 0.65 per cent contraction among economists surveyed.
The latest growth report is the worst since a contraction of 0.98 per cent in the third quarter of 2009, the most recent contraction before the economy shrank by 0.80 per cent in the quarter ended September last year.
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