Taiwan's ruling party wins unprecedented third term
Democratic Progressive Party’s (DPP) Lai Ching-te has won Taiwan’s presidential election.
Commerzbank Economic Research
January 15 2024
Taiwan's elections were held on Saturday, January 13. The presidential candidate from the Democratic Progressive Party (DPP), Lai Ching-te, has been elected as Taiwan’s new president. Lai is the current vice president from the ruling DPP, a party that leans towards Taiwan's independence. This marks the first time that a political party has won three consecutive presidential terms since direct presidential elections were introduced in 1996.