The Chinese Nationalist Party (KMT) has a good reason to avoid a split vote against the Democratic Progressive Party (DPP) in next month’s presidential election. It has been here before and last time things did not go well. Taiwan had its second direct presidential election in 2000 and the nation’s first ever transition of political power, with the KMT in opposition for the first time. Former president Chen Shui-bian (陳水扁) was ushered in with less than 40 percent of the vote, only marginally ahead of James Soong (宋楚瑜), the candidate of the then-newly formed People First Party (PFP), who got almost 37
The three teams running in January’s presidential election were finally settled on Friday last week, but as the official race started, the vice-presidential candidates of the Chinese Nationalist Party (KMT) and the Taiwan People’s Party (TPP) have attracted more of the spotlight than the presidential candidates in the first week. After the two parties’ anticipated “blue-white alliance” dramatically broke up on the eve of the registration deadline, the KMT’s candidate, New Taipei City Mayor Hou You-yi (侯友宜), the next day announced Broadcasting Corp of China chairman Jaw Shaw-kong (趙少康) as his running mate, while TPP Chairman and presidential candidate Ko Wen-je
On Tuesday, Taiwan’s TAIEX stock index peaked at 17,360 points and closed at 17,341 points, surpassing Hong Kong’s Hang Seng Index, which fell to 17,303 points and closed at 17,541 points. A few years ago, the gap between the Taiwanese and Hong Kong stock indices was more than 20,000 points, but this was before the 2019 anti-extradition protests. Hong Kong is one of the world’s most important financial centers, but many Chinese Internet users joke that it is only a ruin today. When asked by a legislative councilor whether he would communicate with social media platforms in the mainland to request
Chinese Nationalist Party (KMT) presidential candidate and New Taipei City Mayor Hou You-yi (侯友宜) has called on his Democratic Progressive Party (DPP) counterpart, William Lai (賴清德), to abandon his party’s Taiwanese independence platform. Hou’s remarks follow an article published in the Nov. 30 issue of Foreign Affairs by three US-China relations academics: Bonnie Glaser, Jessica Chen Weiss and Thomas Christensen. They suggested that the US emphasize opposition to any unilateral changes in the “status quo” across the Taiwan Strait, and that if Lai wins the election, he should consider freezing the Taiwanese independence clause. The concept of de jure independence was first