Taiwan election has witnessed a historic victory for Lai Ching-te, who emerged as the winner amidst fierce competition. This outcome marks a significant turning point in Taiwanese politics and has far-reaching implications for the future of the nation.
Lai Ching-te's triumph can be attributed to several factors. Firstly, his strong stance on economic issues resonated with voters who were concerned about rising inequality and stagnant wages. His promises to prioritize job creation and address social welfare concerns struck a chord with many Taiwanese citizens.
In a statement carried on China's state Xinhua news agency, Chen Binhua, a spokesperson for the office, said the results showed the Democratic Progressive Party cannot represent mainstream public opinion on the island.
The counting of votes has concluded, with Lai – the candidate of Taiwan’s ruling Democratic Progressive Party (DPP) – receiving just over 40% of the total votes, according to Taiwan’s Central Election Commission (CEC).
Taiwan’s opposition Kuomintang (KMT) party candidate Hou Yu-ih garnered 33.49% of the votes, with Taiwan People’s Party (TPP) candidate Ko Wen-je received 26.45%. More than 14 million people took part, meaning that voter turnout came in at just over 71%.
The boisterous election campaign, an illustration of Taiwan’s vibrant democratic credentials, was fought over a mixture of livelihood issues as well as the thorny question of how to deal with its giant one-party state neighbor, China, which under leader Xi Jinping has grown more powerful and bellicose.
No party has secured a majority in the legislature. The previous main party, DPP, lost 10 seats, the KMT gained 14 seats and the TPP gained three seats.
Over the prior eight years, the DPP’s control of both the executive and legislative branches of government gave the party greater ability to pass bills and effect meaningful change.
Former U.S. House Speaker Nancy Pelosi visited Taiwan in 2022, becoming the highest-ranking U.S. official to visit the island in over two decades. Her trip was one reason that communication between the world’s two leading powers ground to a halt before a tentative resumption only months ago.
“As one of the first and most highly anticipated elections of 2024, Taiwan has achieved a victory for the community of democracy,” Lai said. “We are telling the international community that between democracy and authoritarianism, we will stand on the side of democracy.”
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