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Taiwan elects Lai Ching-te of DPP as new president

Bloomberg
Bloomberg • 5 min read
Taiwan elects Lai Ching-te of DPP as new president
Lai Ching-te, Taiwan's president-elect and his running mate Hsiao Bi-khim / Bloomberg
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Taiwan elected Lai Ching-te as president of the global chip hub at the centre of US-China tensions, putting in power a man Beijing has branded an “instigator of war.”

Lai, of the ruling Democratic Progressive Party, sealed victory in the island’s most hotly contested election in decades with 40.1% of the counted vote — the lowest winning percentage since 2000, another three-way race. The main opposition Kuomintang’s Hou Yu-ih trailed in second place, with the Taiwan People’s Party coming last in its first presidential campaign. Both had pledged to restart dialogue with China.

“We are telling the international community that between democracy and authoritarianism, we will stand on the side of democracy,” Lai declared, at a victory rally in Taipei on Saturday night, to rounds of rapturous applause from the crowd.    

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