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Economist Podcasts

Drum Tower: Taiwan goes to the polls

Jan 9, 2024
China is closely watching Taiwan's presidential race, which will influence Xi Jinping's next steps. The hosts discuss the excitement surrounding the elections, highlighting lively campaign events and the significance of choosing a new president. They explore the pro-independence stance of the Democratic Progressive Party and the concerns of a pro-China candidate's supporters. The strained relations between China and Taiwan are analyzed, including China's warnings if the ruling party is reelected. The potential consequences of a pro-independence victory include economically coercive measures from China and the impact on the US-China relationship.
43:39

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Podcast summary created with Snipd AI

Quick takeaways

  • The upcoming presidential election in Taiwan is a choice between the ruling party's pro-independence stance and the opposition party's desire for dialogue with China, reflecting different approaches to safeguard Taiwan's democracy and connect with the world.
  • The election outcome could lead to a gridlock or a potential dialogue with China, depending on the mix of the ruling and opposition parties, shaping the future trajectory of Taiwan and the dynamics among China, Taiwan, and the United States.

Deep dives

The Stakes in Taiwan's Election: War or Peace?

The upcoming presidential election in Taiwan is not just about domestic concerns, but also about Taiwan's survival amid threats of war from China and tensions between China and America. The ruling party, the Democratic Progressive Party (DPP), is known for its pro-independence stance and emphasis on safeguarding Taiwan's democracy. They highlight the need to internationalize Taiwan and connect with the world without going through China. On the other hand, the opposition party, the Kuomintang (KMT), seeks to lower tensions and reopen dialogue with China, emphasizing pragmatism and economic issues. A new third party, the Taiwan People's Party, led by Ko Wen-je, aims to focus on domestic issues and be a mediator between China and America. China's preference is clear, with Xi Jinping expressing support for the KMT and a desire for Taiwan's reunification with China. However, there are concerns about the potential military and economic consequences if the DPP remains in power. The outcome of the election will not only impact Taiwan's future but also have broader implications for the complex dynamics between China, Taiwan, and the United States.

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