What Does Taiwan’s Presidential Election Tell Us About Its Economic Prospects?
Lai Ching-te of the Democratic Progressive Party secured his election as Taiwan’s 16th president on January 13, 2024. As the DPP extends its rule for another four years, the administration is likely to maintain President Tsai Ing-wen’s economic policies, notably diversifying the economy away from China. Navigating Taiwan’s export-oriented economy through the evolving US-China relationship will pose the most significant challenge for the new administration...
