Taiwan's manufacturing sector showed renewed strength in December as the S&P Global PMI surged to 50.9, up from 48.8 in the prior month. This marks a meaningful recovery—crossing back above the 50-point neutral threshold that separates expansion from contraction.

What does this mean for markets? Manufacturing PMI is a leading economic indicator. When factories are humming, it typically signals increased economic activity, stronger business confidence, and better prospects for growth. For those tracking macro conditions and asset cycles, a rebound in Taiwan's industrial production carries real weight. Taiwan's semiconductor and electronics supply chains feed global tech demand, which indirectly influences capital flows and risk appetite across digital asset markets.

The jump from 48.8 to 50.9 suggests momentum is shifting. Whether this trend sustains will be worth monitoring as we move through 2025. Economic tailwinds tend to create a healthier backdrop for risk assets, including crypto.