bearish

Taiwan Politics: New President Enters the Job with a Daunting In-Tray

Manu has highlighted this Insight as a Top Pick
332 Views16 Jan 2024 02:00
SUMMARY
  • The DPP’s William Lai prevailed after a competitive three-way race for the presidency, but his party’s loss of a legislative majority has produced a divided government.
  • China will likely maintain a hawkish stance given the results, but we expect no drastic moves given Beijing’s other domestic and foreign policy challenges.
  • Lai enters office with a full in-tray, having to bolster Taiwan’s security relationships with Washington and other allies, in addition to domestic issues on energy and demographics.
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Manu Bhaskaran
Asia Economist and CEO
Centennial Asia Advisors
Multi-AssetMacroeconomicsThematic (Sector/Industry)
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