In addition, China-bound Taiwanese manufacturers that mainly make money from exporting their products are expected to be somewhat affected by the changed currency policy, he said.
Tseng of National Chengchi University, agreed and said Taiwanese businesspeople in China might see their competitive edge blunted if their business strategies remain unchanged.
"Taiwanese companies are increasingly relying on China by engaging in indirect exports -- manufacturing or processing goods in China before shipping them to other nations. Therefore, the prices of their goods will edge up, affecting their competitive edge."
It is worth keeping an eye on how China will adjust its macroeconomic policy and measures to rein in its overheating economy, he said.
"But overall it will not have too big an impact on our economy and currency value," Tseng said.
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