Taiwan Presidential Election 2024: Impact on US-China Relations and Global Politics

2024-01-13 12:33:28

Taipei: Anti-China party wins election in Taiwan The Democratic Progressive Party (DPP) will remain in power. Pro-American Lai Ching Te (William) becomes president. Taiwan held elections to elect a new president and parliament amid threats of reunification with China.

This time there was a three-cornered contest between the pro-US Democratic Progressive Party (DPP), the pro-China Kuomintang Party, and the Taiwan People’s Party (TPP), which believes that the country needs a balanced approach that includes the US and China. Most supporters of the ruling DPP are native Taiwanese born and raised on the island. DPP’s position is that Taiwan should remain an independent sovereign state. The DPP also believes that the Hong Kong model of one country, two systems should not be implemented in Taiwan.

The three parties competing in the presidential election had a major difference of opinion regarding their approach to China. With DPP’s presidential candidate Lai Ching Teh (William) coming to power, military preparations will be strengthened to prevent a possible future attack from China. It will get US help.

There will also be efforts to develop submarines indigenously. DPP’s vice-presidential candidate is former ambassador to the US Hisiao B. Kim. It is believed that if the party comes to power, he will be in charge of Taiwan’s international relations. In this situation, it is likely that China will intensify its provocation in the coming days and China-Taiwan relations will become more tense.

∙ The world at a glance

The outcome of the election will determine whether China steps up military action once morest Taiwan, resumes stalled bilateral talks and reactivates its claim to the island. Either way, the implications will be huge. As a hub for international traffic, the security and protection of the Taiwan Strait is extremely important.

More than half of the world’s cargo passes through it. Moreover, Taiwan has a critical position in the global semiconductor supply chain. 90 percent of the advanced semiconductor chips used in the world today are produced in Taiwan. The US recognizes the need to counter China’s efforts to dominate the Taiwan Strait and control its supply chain. In short, the grip over this tiny island will continue.

English Summary:

Taiwan Presidential Election 2024 Result

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