Edition: International | Greek
MENU

Home » EU Actually

Taiwan’s choice for president: Beijing-critical William Lai

Beijing-critical William Lai Ching-te becomes the new president of Taiwan

By: EBR - Posted: Wednesday, January 17, 2024

Lai’s Democratic Progressive Party (DPP) suffered considerably in the parliamentary elections.
Lai’s Democratic Progressive Party (DPP) suffered considerably in the parliamentary elections.

N. Peter Kramer’s Weekly Column

Beijing-critical William Lai Ching-te becomes the new president of Taiwan. But China also saw good news in the election results. Lai’s Democratic Progressive Party (DPP) suffered considerably in the parliamentary elections. Of the 61 seats, the DPP kept 51, while arch-rival and less China-unfriendly Kuomintang (KMT) made a big leap forward, from 38 to 52 seats.

The fact that the DPP lost ten seats was enough for China to react with: ‘The DPP can no longer say that it represents the views of the majority of Taiwanese’. The result can indeed be interpreted that a majority of Taiwanese do not want independence and that President-elect Lai must take this into account.

Because the DPP no longer has a majority in parliament, Lai will have to respect the wishes of the opposition. The role of the chairman of the new parliament, probably KMT leader Han Kuo-yu, will gain in influence. He is close to Beijing.

Overall China remained fairly muted in its response on the Taiwanese elections result. The fact that US President Joe Biden reacted that the US does not support Taiwan’s independence probably helped to reassure Beijing. But for the time being the expectations are that China will continue its policy of military and economic pressure on Taiwan.

Also read: Taiwanese elections’ impact on global economy

READ ALSO

EU Actually

Has the EU diplomatic service EEAS had its day?

N. Peter KramerBy: N. Peter Kramer

In his weekly column, N. Peter Kramer writes about proposals for a radical overhaul of the EEAS and the power struggle between Ursula von der Leyen and Kaja Kallas.

Europe

European Security Strategy: In Search of a New Ambition

European Security Strategy: In Search of a New Ambition

The EU is putting together a new security strategy to meet today’s myriad challenges. But for any proposal to be effective, the union needs to grapple with its identity and ambitions.

Business

Why the US economy keeps defying the odds

Why the US economy keeps defying the odds

In Dresden, in east Germany late last year, the final car rolled off the assembly line at Volkswagen’s "Transparent Factory", built to showcase the pinnacle of European industrial power. Thousands of miles away in Spartanburg, South Carolina, a different German giant, BMW, is running its biggest plant in the world.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2026. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron