Taiwan's economy grew 3.11% in 2020 compared to a year ago — outpacing China's 2.3% expansion during the same period.
Automakers are expected to lose billions of dollars in earnings this year due to a shortage of highly important semiconductor chips.
Max Lin of NatWest Markets explains why the gains in the Australian dollar and New Zealand dollar probably can't continue for now, though the currencies may appreciate in the future. He is "very constructive" on the Taiwan dollar because of strong demand for semiconductor chips made in Taiwan.
A new vanguard of remote workers wants to live in places such as Bali and Bangkok, but so far no Asian nation has created a visa program to let them in.
Taiwan's economy grew 2.98% in 2020 compared to a year ago, advance estimates by the island's statistics office showed.
It will take months for chipmakers to catch up with a shortfall in supply for the auto sector, predicts Credit Suisse's Randy Abrams.
Pushing for further clarity on U.S. commitment to Taiwan is a matter up for debate, says Scott Kenendy of CSIS.
The combination of good economic data and the export boom extending in Taiwan are behind Claudio Piron from BofA Securities' positive view on the Taiwan dollar.
Chinese air force planes including 12 fighter jets entered Taiwan's air defense identification zone for a second day on Sunday, Taiwan said.
Secretary of State Mike Pompeo announced earlier this month that the U.S. will lift restrictions on its relations with Taiwan — a move slammed by China.
President Donald Trump broke with decades of U.S. foreign policy by moving his country closer to Taiwan over the last four years — angering Beijing.
The Trump administration had spent the past four years engaging with Taiwan, like it would with other foreign countries, says SafePro Group's Ross Feingold. The question remains if the Biden administration will maintain the same level of interaction with Taiwan or take it to the next level.
Secretary of State Mike Pompeo's latest move on Taiwan could upend a major foundation underpinning the U.S.-China relations, said Kevin Rudd.
China claims democratic and separately ruled Taiwan as its own territory, and regularly describes Taiwan as the most sensitive issue in its ties with the U.S.
Standard Chartered Bank's Mayank Mishra explains why the Taiwan dollar is expected to underperform its peers in the region.
President Tsai Ing-wen has vowed to stand up to China, focusing on high-tech, mobile weapons designed to make any Chinese attack as difficult as possible.
Quantum International's Peter Kurz sees good value in Taiwan's semiconductor and pharma sectors despite expectations for earnings growth to peak this year.
The best pockets of recovery are domestic travel in Taiwan, Thailand and increasingly, Vietnam, said John Brown of Agoda, a subsidiary of Booking Holdings.
A Biden administration is not expected to change the United States' approach to Taiwan and China in this aspect, says Shelley Rigger at Davidson College.
