March 12, 2020 / 2:47 AM / 21 days ago

Taiwan c.bank says chances of financial crisis not high

TAIPEI, March 12 (Reuters) - The chances of a financial crisis are not high, Taiwan central bank governor Yang Chin-long told parliament on Thursday.

If the coronavirus continues to spread into the third quarter, then Taiwan’s economic growth won’t exceed 2% this year, he added. (Reporting by Liang-sa Loh and Yimou Lee; Writing by Ben Blanchard; Editing by Kim Coghill)

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