Current:Home > MarketsTaiwan prepares to elect a president and legislature in what’s seen as a test of control with China -Core Financial Strategies
Taiwan prepares to elect a president and legislature in what’s seen as a test of control with China
View
Date:2025-04-26 21:21:06
TAIPEI, Taiwan (AP) — Taiwan is preparing to elect a president and legislature Saturday in what many see as a test of control with China, which claims the self-governing island republic as its own territory to be unified with force if necessary. The presidential race is tight, and both China and Taiwan’s key ally, the U.S., are weighing in on political and economic issues they hope will sway voters.
The election pits Vice President Lai Ching-te, representing the Democratic Progressive Party, against Hou Yu-ih of the main opposition Nationalist Party, and former mayor of the capital Taipei, Ko Wen-je of the Taiwan People’s Party.
The U.S. strongly backs Taiwan against China’s military threats and the Biden administration plans to send an unofficial delegation comprised of former senior officials to the island shortly after the polls. That move could upset efforts to repair ties between Beijing and Washington that plunged in recent years over trade, COVID-19, Washington’s support for Taiwan and Russia’s invasion of Ukraine, which China has refused to condemn at the United Nations.
Along with the tensions with China, much in the Taiwan election hinges on domestic issues, particularly over an economy that was estimated to have only grown by 1.4% last year. That partly reflects inevitable cycles in demand for computer chips and other exports from the high-tech, heavily trade-dependent manufacturing base, and a slowing of the Chinese economy. But longer-term challenges such as housing affordability, a yawning gap between the rich and poor, and unemployment are especially prominent.
Candidates will make their final appeals Friday with campaigning to end at midnight. The candidate with the most votes wins, with no runoff. The legislative races are for districts and at-large seats.
While dinner table issues gather the most attention, China remains the one subject that can be ignored but not avoided. The two sides have no official relations but are linked by trade and investment. with an estimated 1 million Taiwanese spending at least part of the year on the mainland for work, study or recreation. Meanwhile, China has continued flying fighter planes and sailing warships near the island to put teeth behind its pledge to blockade, intimidate or invade.
Those threats were thrown into stark relief in 2022, when Beijing fired missiles over the island and conducted what was seen as a practice run of a possible future blockade of the Taiwan Strait after then-U.S. House Speaker Nancy Pelosi visited Taiwan. Chinese President Xi Jinping, at his most recent meeting with President Joe Biden in November, called Taiwan the “most sensitive issue” in U.S.-Chinese relations.
Washington is bound by law to provide Taiwan with the means to defend itself and consider all threats to the island as matters of “grave concern,” while remaining ambiguous on whether it would use military forces. Over recent years, the U.S. has stepped up support for Taiwan as Beijing ratchets up military and diplomatic pressure on the island, although the wars in Ukraine and Gaza have drawn down what U.S. military industries can provide to customers and allies.
The U.S. government insists the differences between Beijing and Taipei be resolved peacefully and opposes any unilateral change to their status quo. While Chinese leaders and state propaganda proclaim unification is inevitable and will be achieved at any cost, Taiwanese have consistently voted in favor of maintaining their de facto political independence.
Lai is considered the front-runner in the race, but Hou trails closely. While the Nationalists formally support unification with China, they say they want to do so on their own terms, a somewhat abstract concept given the Communist Party’s demand for total power, but which some consider as a useful workaround to avoid outright conflict.
Beijing has labeled Lai a “Taiwan independence element,” an appellation he has not repudiated and which carries little or no stigma in Taiwan. Lai, however, has pledged to continue current President Tsai Ing-wen’s policy that Taiwan is already independent and needs to make no declaration of independence that could spark a military attack from China.
While running third in most surveys, the TPP’s Ko said during a news conference Friday he would aim to strike a balance between Taiwan and the U.S. that would not upset relations with China.
“The U.S. is the most powerful country in the world and Taiwan’s most important ally,” he said. “So no matter who is elected, the relationship between Taiwan and the U.S. will not change.”
Ko said he is the only “acceptable” candidate for both Washington and Beijing, adding that while there’s nothing Taiwan could do to please both China and the U.S., it is important for the island to refrain from “behavior that is intolerable to either side.”
___
Follow AP’s Asia-Pacific coverage at https://apnews.com/hub/asia-pacific
veryGood! (73643)
Related
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Icy blast gripping US blamed for 14 deaths in Tennessee, as Oregon braces for another round of cold
- Former ESPN sportscaster Cordell Patrick ejected from RV on busy California freeway
- New Mexico governor threatened with impeachment by Republican lawmakers over gun restrictions
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- A Common Fishing Practice Called Bottom Trawling Releases Significant Amounts of CO2 Into Earth’s Atmosphere
- The 3 ingredients for fun: an expert's formula for experiencing genuine delight
- Asa Hutchinson's anti-Trump presidential campaign mocked by DNC
- Arkansas State Police probe death of woman found after officer
- Mariska Hargitay, 'Law & Order: SVU' stars celebrate 25th anniversary milestone in NYC
Ranking
- The Grammy nominee you need to hear: Esperanza Spalding
- Poland’s lawmakers vote in 2024 budget but approval is still needed from pro-opposition president
- India’s newest airline orders 150 Boeing Max aircraft, in good news for plane maker
- 3 people killed and baby injured in Portland, Oregon, when power line falls on car during storm
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Jordan Henderson set to move to Dutch club Ajax in blow to Saudi soccer league
- Israel’s president and the OpenAI CEO will take part in Davos on Day 3 of the World Economic Forum
- Green Day, Jimmy Fallon team up for surprise acoustic set in NYC subway: Video
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
6 alleged gang members convicted of killing Chicago rapper FBG Duck in 2020
Biden-Harris campaign to unveil new effort to push abortion rights advocacy ahead of Roe anniversary
A transforming robot is about to land on the moon, where it will die
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Columnist accusing Trump of sex assault faces cross-examination in a New York courtroom
5 people injured in series of 'unprovoked' stabbings in NYC; man arrested, reports say
A Common Fishing Practice Called Bottom Trawling Releases Significant Amounts of CO2 Into Earth’s Atmosphere