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Market
How will ASEAN countries officially respond to Taiwan by the end of 2024?
5
Resolution / Starting Odds
Support Taiwan • 33%
Neutral • 33%
Support China • 33%
Official statements or diplomatic communications from ASEAN countries
Story
Lai Ching-te Sworn in as Taiwan's President Amid Rising China Tensions, Geopolitical Rivalry
May 20, 2024, 04:30 AM
Lai Ching-te has been sworn in as the new president of Taiwan, succeeding Tsai Ing-wen. Lai, who previously served as Vice President, won the presidential election in January and is now leading Taiwan amid rising tensions with China. In his inaugural address, Lai called on China to cease its military and political intimidation of Taiwan, emphasizing the need for peace and dialogue. He also highlighted Taiwan's commitment to democracy and economic prosperity. The inauguration comes as China has increased its military activities near Taiwan, signaling a challenging geopolitical landscape. Lai's administration inherits a strong foreign policy position but faces political gridlock at home. On the eve of his inauguration, Lai participated in shrimp fishing, symbolizing his efforts to court diplomatic allies. He also reaffirmed the sovereignty of the Republic of China, stressing its independence.
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Similar markets
Supportive of Taiwan • 25%
Neutral • 25%
Supportive of China • 25%
Varied responses • 25%
Condemnation by the UN • 25%
Support from Russia or North Korea • 25%
Neutral stance by the EU • 25%
No significant international response • 25%
Increased support for Philippines • 25%
Neutral stance maintained • 25%
Support for China • 25%
No change in current positions • 25%
Economic sanctions against China • 33%
Increased military support for Taiwan • 33%
No significant action taken • 34%
Supportive • 33%
Neutral • 34%
Opposing • 33%
US supports Taiwan • 25%
China takes control of Taiwan • 25%
Both sides reach a peaceful resolution • 25%
Stalemate with no clear resolution • 25%
Diplomatic condemnation • 33%
Economic sanctions • 33%
Military intervention • 34%
Increased military readiness • 33%
Seek international support • 33%
Negotiation with China • 34%
United States • 20%
Japan • 20%
Australia • 20%
None • 20%
Other • 20%
Sanctions against China • 25%
Sanctions against Philippines • 25%
Diplomatic mediation • 25%
No significant action • 25%