Taiwan's Tsai Wins Presidency, May Gain Control of Legislature
Tim Culpan
Justina Lee
Adela Lin
January 16, 2016 — 10:07 PM AEDT
Updated on January 16, 2016 — 11:30 PM AEDT
Eric Chu (C), presidential candidate from the ruling Kuomintang (KMT), bows with party workers as they concede defeat in presidential polls outside the party headquarters in Taipei on Jan. 16. Photographer: Sandy Cheng/AFP/Getty Images
* Opposition chief set to become island's first female leader
* China-friendly KMT to lose presidency as well as legislature
Taiwan opposition leader Tsai Ing-wen was headed for a landslide victory in her bid to become the island’s first female president, with her Democratic Progressive Party possibly gaining control of the legislature for the first time.
Tsai had 56 percent of the vote, as of 8:21 p.m., with results tallied from 95 percent of polling stations, according Taiwan’s Central Election Commission. Ruling party candidate Eric Chu trailed with 31 percent. The polls closed at 4 p.m.
Chu conceded defeat, saying in a speech in Taipei Saturday that he "failed" in his campaign to succeed President Ma Ying-jeou and that the Kuomintang would also lose its majority in the Legislative Yuan. He bowed as he resigned his post as party chairman, with the Kuomintang he led facing the prospect of being locked out of power for the first time since Chiang Kai-shek led them across the Taiwan Strait during the Chinese civil war.
READ MORE: http://www.bloomberg.com/news/articles/2016-01-16/taiwan-s-chu-concedes-defeat-in-president-election-to-dpp-s-tsai
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