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ELECTRONICS SHOPKEEPER AWAITS CUSTOMERS IN TAIPEI, 1999-02-08 (photo)

ELECTRONICS SHOPKEEPER AWAITS CUSTOMERS IN TAIPEI, 1999-02-08 (photo)
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IMAGE number
REU8415010
Image title
ELECTRONICS SHOPKEEPER AWAITS CUSTOMERS IN TAIPEI, 1999-02-08 (photo)
Auto-translated text View Original Source
Photographer
Simon Kwong
Medium
photograph
Date
1999 AD (C20th AD)
Shooting Date
1999-02-08
Image description

A shopkeeper awaits customers February 8 in Taipei's teeming Kwanghwa electronics market, known for its up-to-the-minute technologies and cut-throat pricing. Although Taiwan's exports of computers, microchips and other high-tech goods remain formidable, the island's economy has been unable to fend off the impact of Asia's financial crisis. Officials reported on Monday that 1998 economic growth slowed to just 4.83 percent, still enviable in recession-mired Asia but nearly two percentage points below the sizzling 6.77 percent rise of 1997. Growth in 1999 will slow further to 4.74 percent, they said. JKP/CC

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REUTERS/Simon Kwong / Bridgeman Images
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