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iShares MSCI Taiwan ETF has outperformed its peers with an 18.2% return in 2024, driven by strong performance from TSMC. Taiwan's macroeconomic environment remains robust, with GDP growth expected to surpass IMF forecasts, bolstered by domestic spending and a recovering manufacturing sector. With a 23% stake, the prospects of TSM weigh heavily on EWT's prospects; fortunately, the outlook looks bright.
seekingalpha.com 2024 Dec 05
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