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Taiwan Election: Global Concerns and Domestic Selloff
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Overview
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Taiwan's election outcome alleviates global concerns about China relations, but domestic investors worry about hindering economic policy. The ruling party's loss complicates Vice President Lai Ching-te's spending plans and stance on China, potentially leading to a light selloff domestically. Additionally, former US officials' visit to Taiwan following the election is seen as a sign of support for the government and aims to address concerns about escalating conflict with Beijing.
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How does the visit from former US officials reflect the Biden administration's efforts to maintain stability across the Taiwan Strait?
How might Taiwan's election outcome impact its relations with China and the global technology and artificial intelligence sectors?
What are the potential economic implications of the ruling party's loss in Taiwan's parliamentary majority?
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