The people of Taiwan showed an astonishing determination and unity on Saturday, when close to 2 million people joined hands to form a human chain that stretched from the northern to the southern end of the country. They said "yes" to Taiwan and "no" to China. To the international community they said, "We are here!"
The human-chain rally was a milestone in the history of this nation's political movements. In the past, a rally of several tens of thousands of people would be enough to stun the Cabinet. In 1997, when Lien Chan (連戰) was concurrently serving as vice president and premier, close to 100,000 people took to the streets to protest deteriorating public safety. The protest led to Lien's resignation as premier. Saturday's rally set a record for the number of people taking to the streets at one time. Its consequences may prove far more impactful.
The size of the rally was a stunning accomplishment, but was still not large enough a figure for the main game, because 2 million votes is not enough to get a presidential candidate elected. The magic number needed for the March 20 election is 6.5 million. Pro-green camp forces still need to work hard to reach this mark in the face of a largely pro-blue camp media.
The human chain far exceeded the 1989 Baltic Chain in terms of numbers. But the Baltic rally was aiming instead for international support for the independence movements of the three Baltic states. Taiwan's rally has also attracted international attention, but the demands made at the rally were abstract and did not provide specific goals and methods to consolidate international support. Even though the rally's numbers far exceeded those of last year's 200,000-strong mobilization calling for a change to the country's official name, the demands presented at that time were far more precise.
Yet the rally may be of critical significance to the nation's future development. It was a democratic experiment pushing for a national political agenda. And it was a hugely successful experiment: The people of Taiwan have already grasped the fact that they can take the initiative in expressing their will directly. This is a concrete result of the deepening of Taiwan's democracy.
However, a successful experiment does not guarantee successful results.
The most important task now is to ensure that a leader who can represent public opinion and staunchly defend Taiwan's democratic path be elected on March 20, as well as maximizing the referendum vote against China's missile threat and for peaceful cross-strait negotiations.
The people of Taiwan are accustomed to representative democracy. Now they have a more direct and more effective way to express their opinion -- referendums. Referendums will be an important catalyst in the transition of the political culture. They will be a shield against China's subtle rhetorical weapon of "one country, two systems." They will also strengthen public oversight of major national policies and give Taiwan an enhanced voice in the international community.
The hand-in-hand rally has made the people of Taiwan understand that democratic power really is in their hands. This precious power already exists in their hearts. May both continue to grow and mature.
The conflict in the Middle East has been disrupting financial markets, raising concerns about rising inflationary pressures and global economic growth. One market that some investors are particularly worried about has not been heavily covered in the news: the private credit market. Even before the joint US-Israeli attacks on Iran on Feb. 28, global capital markets had faced growing structural pressure — the deteriorating funding conditions in the private credit market. The private credit market is where companies borrow funds directly from nonbank financial institutions such as asset management companies, insurance companies and private lending platforms. Its popularity has risen since
The Donald Trump administration’s approach to China broadly, and to cross-Strait relations in particular, remains a conundrum. The 2025 US National Security Strategy prioritized the defense of Taiwan in a way that surprised some observers of the Trump administration: “Deterring a conflict over Taiwan, ideally by preserving military overmatch, is a priority.” Two months later, Taiwan went entirely unmentioned in the US National Defense Strategy, as did military overmatch vis-a-vis China, giving renewed cause for concern. How to interpret these varying statements remains an open question. In both documents, the Indo-Pacific is listed as a second priority behind homeland defense and
In an op-ed published in Foreign Affairs on Tuesday, Chinese Nationalist Party (KMT) Chairwoman Cheng Li-wun (鄭麗文) said that Taiwan should not have to choose between aligning with Beijing or Washington, and advocated for cooperation with Beijing under the so-called “1992 consensus” as a form of “strategic ambiguity.” However, Cheng has either misunderstood the geopolitical reality and chosen appeasement, or is trying to fool an international audience with her doublespeak; nonetheless, it risks sending the wrong message to Taiwan’s democratic allies and partners. Cheng stressed that “Taiwan does not have to choose,” as while Beijing and Washington compete, Taiwan is strongest when
US Secretary of the Treasury Scott Bessent and Chinese Vice Premier He Lifeng (何立峰) are expected to meet this month in Paris to prepare for a meeting between US President Donald Trump and Chinese President Xi Jinping (習近平). According to media reports, the two sides would discuss issues such as the potential purchase of Boeing aircraft by China, increasing imports of US soybeans and the latest impacts of Trump’s reciprocal tariffs. However, recent US military action against Iran has added uncertainty to the Trump-Xi summit. Chinese Minister of Foreign Affairs Wang Yi (王毅) called the joint US-Israeli airstrikes and the