Taiwan elections: Change or continuity on the cards? China and the U.S. keep a close watch
2024-01-10 08:27:23 source:CNBC
Janurary 10, 2024
More than 19 million voters in Taiwan will head to the polls on Saturday to decide if the ruling Democratic Progressive Party should earn an unprecedented third consecutive presidential term — or if a leadership change is in order.
The traditional DPP-Kuomintang duopoly is being challenged this year by the emergence of former Taipei mayor Ko Wen-je and his Taiwan People’s Party. With a legislative majority also at stake at these elections, there are fears of a hung parliament, which could hobble policymaking and herald a return of notorious confrontations between feuding legislators.
With China intensifying its rhetoric on its claim over Taiwan, global observers are billing this Taiwan election as highly pivotal for security in the Asia-Pacific at a time of testy U.S.-China relations.
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