Taiwan To Elect President As Economy And China Ties In Focus

From Reuters:

Taiwan goes to the polls on Saturday to elect a new president, its third in the island’s brief democratic history, perhaps heralding a new era of improved trade ties with political archrival China regardless of who wins.

China has claimed self-ruled Taiwan as its territory since the end of the Chinese civil war in 1949 and pledged to bring the island under its rule, by force if necessary.

But despite often-tense rhetoric between the two, trade ties have flourished over the past two decades, with Taiwan companies investing up to $100 billion in the mainland over that time, according to various estimates.

Read also Ma Remakes KMT’s Mainland Image, and His Own, to Woo Taiwanese by Yu-huay Sun, Ma’s economic embrace of China lures investors by Kathrin Hille, and Former rights lawyer eyes Taiwan presidency by Ben Blanchard.

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