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Taiwan has choosen a new President. The man to succeed Chen Shui-bian, who formally leaves office in May after eight years in power is Ma Ying-jeou of the KMT. He beat Frank Hsieh of the DPP taking 58 percent of the vote.
The bets had been for a win by the KMT win given Ma's wide lead margin earlier and discontent among voters towards the stagnating Taiwan economy. The KMT win means this is the first time in eight years that the KMT has controlled both the presidency and the legislature, following its landslide win in the January parliamentary polls.
President-elect Ma has promised economic improvements and relations with China that will be smoother than it was under president Chen Shui-bian whose pro-independence stands infuriated Beijing.
Apart from choosing a new President, the people of Taiwan also cast a referendum vote on joining the United Nations, which may be seen by China as a provocative step toward independence. However, the referendum failed as it failed to muster enough votes.
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Updated: Wed, 07 May 2008 00:00:44 GMT
SAN JOSE : Chinese Vice Premier Hui Liangyu arrived here Tuesday on a three-day visit to expand relations with Costa Rica less than a year after San Jose broke with Taiwan to establish ties with Beijing, officials said.
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| President-elect Ma, who won by a landslide 58% votes, has promised improved economy and smoother relations with China. |
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With opinion polls few and far between, the best bet on an accurate forecast of the winning presidential candidate are the gamblers who've been making their calls based on daily developments. |
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President-elect Ma Ying-jeou in delivering his victory speech, called the win, a victory of the people who had voted for change and reform. He offered to become the president of all Taiwanese and promised to fulfill the trust of the people, by putting in place some of the policies in the 90 point proposal he had outlined during campaigning.
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