00:00 Candidate of ruling Democratic Progressive Party, Lai Ching-Ti, emerges victorious in
00:06 Taiwan`s presidential election, as opposition concede.
00:11 The results would shape the self-ruled democracy`s relations with China over the next four years.
00:17 China has called the poll a choice between war and peace. Beijing strongly opposes the
00:22 winner of the elections, who have offered to speak with Beijing, which has repeatedly
00:27 refused to hold talks. Beijing was believed to favor the candidate from the more China-friendly
00:32 Nationalist Party, also known as Kuomintang or KMT.
00:38 A third candidate in the race of the smaller Taiwan People`s Party had drawn the support
00:43 particularly of young people, wanting an alternative to the KMT and DPP.
00:49 Lai Ching-Ti, who is the current vice president, is set to replace Tsai Ing-wen, who has served
00:54 the limit of two terms.
00:58 (whooshing)
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