Following Taiwan’s recent presidential election, the status quo remains intact despite the Democratic Progressive Party (DPP) losing its legislative majority. Lai Ching-te, the current vice president, has become president with 40% of the vote, which is the lowest winning percentage since 2000. The results can be attributed to a division in opposition votes between the Kuomintang (KMT) and the Taiwan People’s Party (TPP), resulting in neither party gaining enough seats for control. Notably, the TPP now holds the balance of power.
An Era of Stability
This electoral outcome signifies stability for the complex relationship between Taiwan, China, and the United States. Taiwan’s strong system of checks and balances is expected to prevent sudden policy changes, thereby reducing the risk of escalating tensions with Beijing and Washington. Lai, who has previously been described by Beijing as a catalyst for war, remains committed to continuing the foreign policy of outgoing President Tsai Ing-wen and maintaining the status quo. He has even expressed a willingness to engage in discussions with China on an equal basis.
China’s Reaction
In response to the election, China has reiterated its goal of reunification with Taiwan, while its military presence around the island continues to follow previous patterns.
Political Challenges Ahead
Despite winning the presidency, Lai Ching-te will face challenges in maintaining stability and managing relations between Taiwan and China due to the DPP’s loss of majority in the legislature. The election results indicate that he will need to cooperate with opposition parties, particularly on important issues such as military funding.
