Taiwan’s ruling Democratic Progressive Party took a number of hits during the “nine-in-one” local elections and Taiwan President Tsai Ing-wen resigned as a result. Veteran journalist Gu Erde notes how the 2024 presidential race has started to take shape, but Taiwan’s elections in recent years show that voters’ tastes, especially those of the young voters, change quickly and drastically.
Taiwan’s semiconductor industry is booming, but its pole position is at risk. With the industry deemed of national security concern, China, the US and the EU are implementing restrictive measures, upping their investment and aiming for autonomy and self-sufficiency in the sector, which could cause Taiwan to lose its competitive edge.
Tsai Ing-wen has continually clarified her fundamental position on the Taiwan Strait issue during her national day speeches since she became Taiwan’s president, much to China’s chagrin. However, this year, some have viewed her speech as “great domestic propaganda” directed against the opposition party instead. Veteran journalist Gu Erde takes us through the highlights of Tsai’s speech and what it means for Taiwan.