Taiwan bereidt groot stimuleringspakket voor

Taiwan plans to announce stimulus measures this week to boost the economy after lowering its forecast for expansion in 2013 as the global recovery falters.

Premier Jiang Yi-huah is reviewing proposals from ministries for aiding growth before an announcement due by May 31, Cabinet spokeswoman Cheng Li-wun said by phone today.

Taiwan’s statistics bureau last week lowered its forecast for gross domestic product growth this year to 2.4 percent from 3.59 percent. President Ma Ying-jeou has sought closer trade and investment ties with China to aid expansion, and the two sides will sign a service-trade agreement in the “near future,” Wang Yu-chi, Minister of Taiwan’s Mainland Affairs Council, said in a briefing in Taipei today.