Zhang Zhongmou, chairman of TSMC, said after attending the joint meeting of the supervisory board of the Association of Industry and Commerce on the 11th that the current deterioration of the economy has slowed down. At the same time, the report on the banking industry stress test released by the United States also shows that the confidence of the people is picking up. However, it is necessary to say that the economy is rising. It is too early to lift the banking crisis and completely eradicate this economic crisis. He also expects that Taiwan’s GDP in the third quarter will still be positively negative.
Zhang Zhongmou pointed out that it is still too early to talk about the rise in the economy. However, according to his observation, the deterioration of the economy has indeed slowed down, but it is still necessary to fundamentally lift the banking crisis in order to survive the economic crisis, but the current banking crisis still Controversial because the recently published bank stress test has a subjective component. Despite this, he believes that whether it is an economic crisis, a depression or a recession, it has begun to slow down.
Zhang Zhongmou said that the report on the banking industry stress test from the United States showed that the confidence of the people has come back and it seems to be good news. The outside world questioned that the US bank stress test may not fully reflect the real situation. Zhang Zhongmou responded. There are many assumptions about the stress test. After the first edition was published, some results were more serious than the bank self-evaluation. However, after the bank’s reaction, the last version was revised. The problem becomes irrelevant, and overall, at least there is good news.
Zhang Zhongmou pointed out that he personally shares the same views with the US. He predicts that global GDP will return to positive growth in the second half of 2009 or the first quarter of 2010. As for Taiwan, he expects to be earlier than the United States, that is, the third quarter of 2009. It can be turned positive.
Zhang Zhongmou will start a dialogue with Nobel Prize winner Paul Krugman on the 14th. He said that, in contrast, Kruman is quite pessimistic about the economy, not as optimistic as the US official and most economists. .
Editor: China Lighting Network - Wheat
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