The Intelligence from The Economist
See how the Lai lands: Taiwan’s new president
May 22, 2024
Join Alice Su, Senior China correspondent, and Mike Bird, Asia business and finance editor, as they dissect Taiwan's political landscape under new President William Lai. They explore the challenges Lai faces with internal divisions and rising tensions with China, and the necessity for bipartisan collaboration. The duo also dives into the shrinking stock market as firms opt for private status, and the shift from lonely hearts ads to modern dating apps, showcasing how societal changes reshape connections in our lives.
22:51
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Quick takeaways
- Taiwan's new president faces challenges balancing Taiwan's sovereignty with China's opposition.
- Global stock market listings decline as more firms choose to stay private, impacting transparency and investor oversight.
Deep dives
Taiwan's Inauguration of President William Lai
Taiwan's new president, William Laitinda, faces delicate political challenges between Taiwan and China. Lai advocates for Taiwan's sovereignty, identity, and self-determination, causing tensions with Beijing. Despite public support for maintaining the status quo, China opposes such moves. Lai aims to navigate these challenges by strengthening ties with democratic nations and bolstering defense.
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