Lai won the presidency but his party lost 11 seats in the house meaning the KMT now have a majority of 1. The TPP will hold the balance power, it remains to be which side they make a deal with.
It is worth pointing out, because western media and politicians never do, that the Taiwanese people have no stomach for independence, they just want to keep the, status quo as is. That is why the DPP lost 11 seats
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