Pro-China Party Falls As Taiwan Elects First Female President In “Historic” Landslide Election

Saturday, January 16, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
01/16/2016

“We failed. The Nationalist Party lost the elections. We didn’t work hard enough,” Eric Chu said on Saturday before taking a long bow in front of a “thin” crowd of supporters.

Chu stepped in to become the Nationalist Party (KMT) candidate in Taiwan’s presidential race when his predecessor was deemed too divisive. The island held two elections on Saturday, one for the presidency and one for seats in the national legislature – The Democratic Progressive Party scored resounding victories in both ballots.

The DPP candidate and former law professor Tsai Ing-wen became the island’s first female president after claiming 56% of the vote in the biggest landslide since the island’s first democratic election twenty years ago.

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