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Taiwan election 2024
Economy

Global Impact: as Taiwan heads to the polls, what does the island’s presidential election mean for cross-strait and US-China relations?

  • Global Impact is a weekly curated newsletter featuring a news topic originating in China with a significant macro impact for our newsreaders around the world
  • In this issue, we look ahead to January 13, when 19 million Taiwanese voters will head to the polls to decide who will take over from Tsai Ing-wen as president

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In this issue of the Global Impact newsletter, we look ahead to January 13, when 19 million Taiwanese voters will head to the polls to decide who will take over from Tsai Ing-wen as president of the self-ruled island. Photo: Bloomberg
Vanessa Caiin Shanghai
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In just one week, the hotly anticipated presidential and legislative elections in Taiwan will be finished, and the choice of the self-ruled island’s voters will finally be known.

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Candidates of the ruling Democratic Progressive Party (DPP), Beijing-friendly Kuomintang (KMT) and Taiwan People’s Party (TPP) are vying for the top job, following years of strained cross-strait relations since Tsai Ing-wen of the independence-leaning DPP was first elected president in 2016. Voters will also be electing a new legislative body.

The stakes are particularly high, as the crucial election on January 13 is poised to shape cross-strait relations as well as bilateral ties between mainland China and the United States.

The DPP candidate, Vice-President William Lai Ching-te, is currently ahead in the polls, ahead of KMT’s Hou Yu-ih and TPP’s Ko Wen-je. The KMT, though, has a slight lead in the polls for the 133 legislative seats.

05:27
Taiwan election exposes generational rift over potential reunification with mainland China

In the lead-up to the widely watched election, presidential candidates have been scrambling to assure voters that they are the best choice to achieve cross-strait peace. Tensions have been high as Beijing has stepped up military, political and economic pressure on the self-ruled island, particularly over the past year.

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They have also centred the issue in televised pitches to voters, with Hou calling on Lai to renounce his pro-independence stand, citing concerns over war, while Lai accused the KMT of creating an identity divide on the island with its embrace of the “one-China shrine”.
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