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Taiwan election points to status quo: As expected, the independence-leaning DPP secured the presidency for the third time in a row as their candidate Lai Ching-te won by a 6.7 percentage points margin to KMT's Hou Yu-ih. However, Lai's victory was smaller than his predecessor Tsai Ing-wen and DPP lost the majority in the parliament. Hence Lai is ruling with a weaker mandate than Tsai Ing-wen

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