Asia Trade Bellwether Shrugs Off Politics for Record Results

  • Smartphone upgrades drive demand for Taiwan electronics goods
  • Shipments to China increasing despite political tensions
Photographer: Billy H.C. Kwok/Bloomberg
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Global demand for new smartphone models is driving Taiwan’s trade surplus and corporate revenues to record highs, underlining the strength of Asian trade even in the face of geopolitical jitters and rumors of protectionism.