Veteran investor David Roche says the market is getting it wrong on Taiwan's election result
Publishing timestamp: 2024-01-15 07:35:34
Summary
The article discusses the outcome of Taiwan's elections, with the DPP's Lai Ching-te elected president and the split parliamentary vote. It highlights the tension between Taiwan and China, with China dismissing the election outcome and Taiwan being seen as on a collision course with China. The article also mentions the market reaction, with some believing it has been too sanguine. Veteran investor David Roche argues that Taiwan is now a mature, sovereign, democratic state, which China will not accept. He believes that the market is overlooking the political priorities of Chinese President Xi Jinping and that Taiwan is on a collision course with China. However, other analysts have a more optimistic view, suggesting that the new president will seek to maintain the status quo in cross-strait relations.
Sentiment: MIXED
Keywords: government and politics, elections, voting, china, foxconn technology co ltd, taiwan, asia economy, politics, business news, taiwan semiconductor manufacturing co ltd, breaking news: politics,