Portfolio flows are very important for the Taiwan dollar. This support seems to have been removed and the Taiwan dollar is weakening.

236

The bottom line is we have a very strong growth profile at the moment, with no real signs of any softening in investment.

228

Consumption is still rising at a much slower pace than investment and people are still saving too much. Retail sales have been growing strongly in the cities but the government is trying to put more money into the pockets of rural areas which is where there's more potential for growth.

207

Momentum has been consolidated at quite a high level with strength coming mainly from mainland Chinese demand. This should be sustained through the first quarter of next year.

189

There is some self-interest in Europe maintaining good relations with China.

143

There are two stories at work. The first is that we see surprising strength in exports. But imports are definitely weaker than I expected.

140

The narrowing trade surplus reflects some weakness in electronics exports and rising commodity imports but it's unlikely to be enough to relieve pressure from the U.S. in the short term.

115

Production growth is being driven by strong export demand and rising consumer spending at home. There will be some moderation in the fourth quarter because of slower investment growth and some temporary weakness in U.S. demand.

100

We think the Disneyland factor was important, but obviously we have to wait until next month to confirm that. We should see arrivals bounce back in September. Nonetheless it will be a drag on second-quarter growth.

89