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BEIJING (AP) — China’s Foreign Ministry summoned the Philippine ambassador Tuesday and denounced President Ferdinand Marcos Jr.'s congratulatory message to the winner of Taiwan’s presidential election, Lai Ching-te.
The head of the International Monetary Fund warned Monday that China needs structural reforms in order to avoid "a fairly significant decline in growth rates."
Taiwan's election results place the island on a "collision course with China" and the market reaction has been too sanguine, according to veteran investor David Roche.
MANILA, Philippines (AP) — Philippine President Ferdinand Marcos Jr. on Monday congratulated the winner of Taiwan’s presidential election, Lai Ching-te, saying in a statement shared on social media that he was looking “forward to close collaboration” and “strengthening mutual interests.”
TAIPEI — Taiwan's president-elect Lai Ching-te will face a split parliament that will likely moderate his policy agenda, with Taiwan People's Party seen as the king maker with eight seats since neither of the two major parties won an outright majority in the 113-seat Legislative Yuan.
Hong Kong/Taipei CNN —
