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Taiwan election: William Lai of the DPP leads in presidential election. If the Progressive Party wins, it will be its third consecutive victory in presidential elections. The current president, Tsai Ing-wen, is not allowed to run again after two terms in office. Beijing counts the island republic as part of China's territory, although Taiwan has had an independent and democratically elected government for decades. China wants a "reunification" of the island with the mainland, if necessary with military force.