Policy Alert #117 | January 28, 2016

On January 16, Democratic Progressive Party (DPP) candidate Tsai Ing-wen defeated the incumbent Kuomintang Party (KMT) to become the first female president of Taiwan. The DPP also won a majority in the Legislative Yuan and vowed to start a “new era” in Taiwan with an improved economy and a relationship with China based on “dignity and reciprocity.” The United States congratulated Tsai on her victory and expressed its desire for continued peace and stability in the cross-straits. China – who pined for a KMT victory – and other powers responded to the news with a mix of cautious optimism and diplomatic tightrope walking. In this Policy Alert, we look at reactions in Taiwan, China, Japan, South Korea, and India on what the election holds for the region.

TAIWAN

While not entirely a surprise, the landslide victory for Democratic Progressive Party (DPP) transformed the balance of political power on the island. It has also forced the Kuomintang Party to do some soul searching when it votes in March for a new leader after its 2016 candidate and former chairman, Eric Chu, resigned. Furthermore, the new DPP majority promised new legislation to strip the KMT of its multi-million assets through party finance and property reforms, which may make it more difficult for the KMT to mount an electoral comeback.

Taiwanese policymakers remained cautious in the handling of post-election cross-strait relations. Continue reading Taiwan’s Presidential Election Provokes Reactions in Asia