“Taiwan looks set to elect Lai Ching-te as its next leader after the main opposition candidate conceded, lining up a man Beijing has labeled an ‘instigator of war’ for the presidency,” Bloomberg reports.
“The Kuomintang’s Hou Yu-ih congratulated Lai for his victory on Saturday evening in Taipei, and apologized for disappointing his voters, in an effective admission of defeat. The KMT is China’s preferred negotiating partner and Hou had vowed to restart talks with President Xi Jinping’s government if elected.”
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