Throughout that interval, the DPP administration had obtained US approval to amass eight diesel electrical submarines. Nevertheless, the price range for this acquisition was unable to move because of the KMT-led pan-blue majority in parliament. Due to this fact, the composition of the Legislative Yuan bears watching as effectively.
2024 ELECTION HAS BEARING ON CROSS-STRAIT TIES
As a result of Taiwan’s strategic location throughout the so-called “first island chain” and its standing as a possible flashpoint between the US and China, the result of the 2024 election in Taiwan may have implications for each cross-strait ties and US-China rivalry.
Lai, for instance, has emphasised his dedication to upholding President Tsai Ing-wen’s “status-quo method” to cross-strait relations, in addition to her efforts in strengthening US-Taiwan relations and fostering ties with democratic nations worldwide.
He has additionally expressed his intention to boost Taiwan’s self-defence capabilities, stressing that true peace can solely be achieved by having the ability to defend oneself with energy.
Regardless of Lai’s repeated assertions on preserving the established order, it’s probably that Beijing will keep its assertive stance in direction of Taiwan beneath a Lai presidency.
Hou, then again, is prone to obtain a extra optimistic response from Beijing as he represents the historically China-friendly KMT. Nevertheless, his international coverage and nationwide safety platform remains to be being fleshed out.
Whereas he has publicly rejected each the “One Nation, Two Methods” system and Taiwan independence, he has but to touch upon the 1992 consensus that former president Ma Ying-jeou (2000 to 2008) dedicated to, which states that each side of the Taiwan Strait belong to at least one China.
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