Most are familiar with the adage “businessmen have no country,” so it came as no surprise that immediately after President Ma Ying-jeou’s (馬英九) victory (51.6 percent of the vote) in Saturday’s presidential elections, numerous pro-China business pundits cheered. One after another they declared that Ma’s win was a clear mandate for his cross-strait policies.
Let everyone go full steam ahead in investing and deepening business ties with China; profit allegedly awaits all. Some even suggested establishing political ties with China as well, as a means to cement these alleged profit gains. Was this really what Taiwan’s vote signified? Not by a long shot. Instead of being a mandate, the vote was a call for caution; the populace at best decided to leave things in a holding pattern. The devil is in the details.
First, let us put this in a deeper perspective. In 2008, Ma claimed that he was elected because of his platform for stronger cross-strait relations with China. He got 58.4 percent of the vote and that could be classified as a mandate. But here comes the first misread: Ma, despite his post-election claims, was elected primarily because of his “6-3-3” campaign pledge. If pundits question what “6-3-3” means, or its role, they have not been following Taiwan for the past four years. Ma’s promise of 6 percent annual GDP growth, an unemployment rate of below 3 percent and an annual per capita income of US$30,000 never got off the ground. Ma later said this promise would be fulfilled by 2016 and not by 2012, but those who were alert would have noticed that Ma ever-so-slyly avoided mentioning it again in his 2012 campaign.
Now come the more obvious questions. If Ma had a mandate of 58.4 percent in 2008, and his vote dropped to 51.6 percent (almost 7 percentage points), on what grounds can he claim winning another mandate? Ma lost more than 1.5 million votes from 2008 to 2012. In 2008, Ma won by 2,213,485 votes; this year, he won by a greatly diminished 797,561 votes. Is this what mandates are made of? Is going downhill a mandate?
Look likewise at the Legislative Yuan. In 2008, Ma’s party, the Chinese Nationalist Party (KMT), won 81 of the 113 seats in the Legislative Yuan. This year, Ma’s party won 64 seats; it lost 17 seats. The Democratic Progressive Party (DPP) won 27 seats in 2008; this year it won 40, a gain of 13 seats.
The Taiwan Solidarity Union (TSU) running simply on the pledge to oppose two of Ma’s policies — the Economic Cooperation Framework Agreement (ECFA) and increased cross-strait relations that endanger Taiwan’s sovereignty — had no seats in 2008; this year it got three seats. The People First Party (PFP), normally an ally of the KMT, purposely ran separately from the KMT this time and went from one seat to three seats. Do all of these losses for Ma’s party constitute this alleged new mandate?
Ma did have a victory. He won the election, but in no way can that be considered a mandate. Ma could claim a mandate in 2008, but if his policies were even halfway decent his vote count would have stayed even or even possibly increased. It did not. The KMT had controlled 70 percent of the seats in the legislature — that gave it the power to implement any and all of Ma’s policies.
This year, the KMT has a greatly diminished majority in the legislature; it has lost its power to push through legislation unopposed. The opposition gained the advantage of being able not only to present changes to the Constitution, but also to put forth recommendations to censure and recall the president. Is this a mandate for Ma and his party or a new mandate for the opposition to be a better watchdog and monitor the president and his policies?
The pro-business cheerleaders with no country of their own of course cheer on. Invest, invest and invest. One can wonder, who pays the cheerleaders and what do they hope to gain? That may not be important. What is more important for Taiwan watchers is to look at the details. There is no mandate; this year’s vote was more a decision to wait and see, to go into a holding pattern.
The DPP has not only been strengthened, it is back in the game. Other changes are coming as well. The US will have its own election in November and China’s President Hu Jintao (胡錦濤) will soon step down. Taiwan has decided to wait and see.
Jerome Keating is a commentator based in Taipei.
World leaders are preparing themselves for a second Donald Trump presidency. Some leaders know more or less where he stands: Ukrainian President Volodymyr Zelenskiy knows that a difficult negotiation process is about to be forced on his country, and the leaders of NATO countries would be well aware of being complacent about US military support with Trump in power. Israeli Prime Minister Benjamin Netanyahu would likely be feeling relief as the constraints placed on him by the US President Joe Biden administration would finally be released. However, for President William Lai (賴清德) the calculation is not simple. Trump has surrounded himself
US president-elect Donald Trump on Tuesday named US Representative Mike Waltz, a vocal supporter of arms sales to Taiwan who has called China an “existential threat,” as his national security advisor, and on Thursday named US Senator Marco Rubio, founding member of the Inter-Parliamentary Alliance on China — a global, cross-party alliance to address the challenges that China poses to the rules-based order — as his secretary of state. Trump’s appointments, including US Representative Elise Stefanik as US ambassador to the UN, who has been a strong supporter of Taiwan in the US Congress, and Robert Lighthizer as US trade
Following the BRICS summit held in Kazan, Russia, last month, media outlets circulated familiar narratives about Russia and China’s plans to dethrone the US dollar and build a BRICS-led global order. Each summit brings renewed buzz about a BRICS cross-border payment system designed to replace the SWIFT payment system, allowing members to trade without using US dollars. Articles often highlight the appeal of this concept to BRICS members — bypassing sanctions, reducing US dollar dependence and escaping US influence. They say that, if widely adopted, the US dollar could lose its global currency status. However, none of these articles provide
On Friday last week, tens of thousands of young Chinese took part in a bike ride overnight from Henan Province’s Zhengzhou (鄭州) to the historical city of Kaifeng in search of breakfast. The night ride became a viral craze after four female university students in June chronicled their ride on social media from Zhengzhou in search of soup dumplings in Kaifeng. Propelled by the slogan “youth is priceless,” the number of nocturnal riders surged to about 100,000 on Friday last week. The main road connecting the two cities was crammed with cyclists as police tried to maintain order. That sparked