In 2020, the pro-independence Democratic Progressive (DPP) won the presidential election in Taiwan for the first time, over its divided opponents. In an interview in May that year, Singapore’s statesman Lee Kuan Yew said: “A word of caution: There is a point beyond which no Chinese leader can survive if Taiwan is seen to be drifting away under his watch.”
Last Saturday, the DPP again won (its 3rd consecutive) presidential election in Taiwan over a divided opposition. China has made it very clear that it does not like the DPP’s incoming leader Lai Ching-te, and has been calling for its armed forces to be ready for war. The US continues to send arms to Taiwan. And the Economist has labelled Taiwan “the most dangerous on earth”.
But what does Taiwan's recent election mean for investors and businesses in the region?
Tune into this latest episode where we delve into Taiwan's transition to democracy, the impact of the recent elections on the geopolitical dynamics between Taiwan, China and the U.S, and lastly, the implications for investors and businesses navigating this complex landscape.
Featured materials:
The most dangerous place on Earth, The Economist
Keith Zhai, veteran journalist on China, media and 2024, The Impulso podcast
The Generalissimo: Chiang Kai-shek and the Struggle for Modern China, Jay taylor
TRANSCRIPT OF FEER'S INTERVIEW WITH SENIOR MINISTER LEE KUAN YEW ON 26 MAY 2000, Singapore Government Media Release
The Generalissimo: Chiang Kai-shek and the Struggle for Modern China, Jay taylor
