Written by Plamen Tonchev. The presidential and parliamentary elections held in Taiwan on 13 January 2024 were closely watched globally, as their potential implications could reverberate far beyond the island’s shores. Two oft-quoted arguments relate to the fact that Taiwan is home to a huge chunk of the world’s cutting-edge semiconductors, and the volume of maritime traffic through the 110-mile-wide strip of water between the Chinese mainland and the self-governed island. Add to that the political significance of Taiwan’s subjugation to Beijing’s “national rejuvenation” vision, as well as the geostrategic importance of the first-island chain to the entire Indo-Pacific region.
