Taipei [Taiwan], April 4 (ANI): Steve Cochrane, Chief APAC Economist, Moody’s Analytics, has said that the economic effect of the earthquake in Taiwan is expected to be minimal. He noted that the earthquake was centred in Taiwan’s Hualien County, which is a centre of tourism and not a centre of business or commerce. In a statement, Cochrane noted that the economic effect could have been greater if the earthquake was centred in Taipei or the west coast, where much of the semiconductor industry is located. He stated that the economic impact should be moderate in the near term. “It looks like the…