Recent Study: Tissue and Hygiene in Taiwan
GDP growth in Taiwan fell from over 4% in 2011 to under 2% in 2012. The Euro crisis, concerns on US debt and weaker than expected Chinese growth created unstable economic conditions which negatively affected the Taiwanese economy and, in turn, sales of tissue and hygiene in 2012. The GDP growth rate in 2013 saw a turnaround and a more optimistic outlook will help to again boost sales in the forecast period.
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