Taiwan’s voters rebuff China and give ruling party third presidential term.

It’s the election the western world is talking about, and China is politely trying to ignore.

Taiwan’s election is a blow to Beijing’s reunification hopes

But as Taiwanese voters swept the ruling Democratic Progressive Party’s (DPP) presidential candidate Lai Ching-te into power on Saturday, it will be nearly impossible for Beijing to ignore the message.

Taiwan just held their election.

They require you to bring photo ID and a notice to prove you are at the correct voting station.

They then use paper ballots and count the votes of each station one by one, in public view. There are no mail ballots. It’s all done in a few hours. pic.twitter.com/3hGkCqpBCk

— Geiger Capital (@Geiger_Capital) January 13, 2024

The Taiwanese strongly rejected Chinese pressure to spurn him, as China said it would not give up on achieving “reunification”.

Third successive win

Lai’s party, which champions Taiwan’s separate identity and rejects China’s territorial claims, was seeking a third successive four year term, unprecedented under Taiwan’s current electoral system.

However, in a measure of public frustration at domestic issues like the high cost of housing and stagnating wages after eight years in power, the DPP lost its majority in parliament, making Lai’s job harder in passing legislation.

Lai also only won 40% of the vote in Taiwan’s first-past-the-post system, unlike current President Tsai Ing-wen who was re-elected by a landslide four years ago with more than 50% of the vote.

“We’ve written a new page for Taiwan’s history of democracy,”

Lai said he would maintain the status quo in relations across the Taiwan Strait, but that he was “determined to safeguard Taiwan from threats and intimidation from China”.

At the same time, he emphasised the need for cooperation and dialogue with Beijing on an equal basis to “replace confrontation”, though he didn’t give specifics.

Earlier today, DPP candidate William Lai Ching-te won Taiwan’s pres. election with 40.2% of the vote.

Lai is known as Beijing’s nemesis, and according to Reuters, he is “determined to safeguard Taiwan from threats & intimidation from China.”

Stay tuned.pic.twitter.com/iQyY8l1lvs

— Steve Hanke (@steve_hanke) January 13, 2024

In the run-up to the election, China denounced Lai as a dangerous separatist, and called on the people of Taiwan to make the right choice while noting the “extreme harm of the DPP’s ‘Taiwan independence’ line”.

China’s Taiwan Affairs Office struck a gentler tone in its response to Lai’s election and did not mention him by name, saying that the results reveal that the DPP “cannot represent the mainstream public opinion” on Taiwan.

“Our stance on resolving the Taiwan question and realising national reunification remains consistent, and our determination is as firm as rock,” it said.

However, it added China will work with “relevant political parties, groups and people” from Taiwan to boost exchanges and cooperation, and “advance the peaceful development of cross-strait relations as well as the cause of national reunification”.

Taiwan’s election took place at a time of growing geopolitical tensions between Beijing and Washington.