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

VDL: Commission President and Candidate

N. Peter KramerBy: N. Peter Kramer

A week ago, at a press conference, Commission President von der Leyen nixed talk about the next step for Ukraine’s membership of the EU before this June’s EU Parliamentary elections

View 04/2021 2021 Digital edition

Magazine

Current Issue

04/2021 2021

View past issues
Subscribe
Advertise
Digital edition

Europe

Map: farmers protests lead to concessions almost everywhere

Map: farmers protests lead to concessions almost everywhere

Since the start of 2024, farmers have been demonstrating in almost every European country, winning concessions from national governments and opening the debate on measures at the EU level

Business

Artificial intelligence and competitiveness in the retail sector

Artificial intelligence and competitiveness in the retail sector

The importance of AI and machine learning in the retail market is confirmed by the projected dramatic growth of AI services worldwide, which will skyrocket from $5 billion to $30 billion by 2030

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2024. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron