Taiwan Election: Global Concerns and Domestic Selloff

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.