With an election in the US, a new government in #Taiwan, and Chinese military exercises, will it be possible to maintain the status quo across the Taiwan Strait? 🧵
In our latest report, Kristy Hsu explains how cross-strait relations are expected to evolve under the Lai Ching-Te administration, particularly in light of Taiwan’s changing political landscape following the 2024 presidential election.
Although Lai is known for his pro-independence stance, the new three-party parliament and the lack of a majority government present opportunities to balance these views in favour of the popular support for the status quo. While China has reacted strongly to Lai’s election and sought to influence the outcome through various means, surveys show more Taiwanese favor maintaining the status quo over pursuing independence. This opinion reflects a desire for stability amidst rising US-China tensions.
Taiwan’s trade partners, like #ASEAN/Japan/Europe, have voiced concerns about potential supply chain disruptions, considering Taiwan’s crucial role in #semiconductor manufacturing. While Taiwan’s "Silicon Shield" has been considered a deterrent, some argue it could also incentivize Chinese aggression.
Kristy Hsu argues that, as supply chains shift and the security situation develops, the "Silicon Shield" may become irrelevant, and it will not protect Taiwan from a Chinese attack. Focus must instead lie on self-restraint & constructive dialogue to ease tensions across the Taiwan Strait & maintain the status quo.
The report makes several recommendations:
🔹 Resume cross-strait dialogues to avoid escalating tensions in the Taiwan Strait
🔹 Ensure correct understanding of Taiwanese support for the status quo and Lowest interests in independence & explore an innovative theory to replace the 1992 Consensus
🔹 Increase joint efforts to deter Chinese use of force & assist Taiwan’s meaningful international participation
Read the full report here: https://lnkd.in/gmbKXgdX