Japan is investing heavily to become a major producer of high-end electronic components, while the EU is looking to secure resilient supply chains. This might be the perfect opportunity for the EU and Japan to strengthen their ties and form a closer bond, truly realizing their respective and joint potential.
On 13 January 2024, the Taiwanese Democratic Progressive Party (DPP) secured the island’s presidency with 40% of the vote, simultaneously losing its majority in the concurrent elections for the Legislative Yuan, its parliament. The historic election, coming at the end point of a bitterly contested 3-way race between the DPP, its historical rival Kuomintang (KMT), and the novel Taiwan People’s Party (TPP), was marked by political polarisation, the proliferation of fake news, and Chinese attempts to influence the election towards the relatively China-friendly KMT. While the world worries about escalation in the Taiwan strait, a crucial gateway for commerce for both China and the European Union (EU), the reactions to the DPP’s win suggest that the next 4 years of DPP governance may herald few seismic changes in Taiwan’s relationship with China, the United States, and the EU.