A Post-Election Risk Assessment for the Taiwan Strait
On Jan. 13, Taiwan will elect a new government whose decision-making will play an important role in shaping cross-strait dynamics for the next four years. Final polls in early January show the Democratic Progressive Party candidate Lai Ching-te as the favorite, marginally ahead of the Kuomintang candidate Hou You-yi, followed by the Taiwan People’s Party’s Ko Wen-je.
A Lai win will produce the most tensions in the near term because China sees this scenario as most threatening to its interests. In response, Beijing will likely increase its pressures on Taiwan even further, through a variety of coercive military and economic tools.… Seguir leyendo »