The nationalist Kuomintang Party candidate Ma Ying-jeou won a landslide victory in Taiwan's presidential election, fueling hopes that Taiwan will rekindle economic and political ties to China. (Report: M.Henbest)
Nationalist, or Kuomintang (KMT), candidate Ma Ying-jeou won 58 percent of the vote, while the ruling Democratic Progressive Party's candidate Frank Hsieh got 42 percent.
"This is not a victory for us and not a victory for the Nationalists," Ma told thousands of cheering supporters in downtown
"The people of
Party supporters let off firecrackers and fireworks, while DPP supporters shed tears.
Hsieh admitted defeat and congratulated Ma.
"I am deeply sorry. This is my personal defeat, not
Saturday's win comes after the Nationalists, who once ruled all
Ma favours closer economic ties and political dialogue with
Voters had to choose a successor to President Chen Shui-bian, an anti-China firebrand who steps down in May and who has repeatedly angered
Hsieh's DPP favours formal independence while Ma's Nationalist Party wants eventual reunification once
The election has drawn keen international attention, with the
U.N. membership is out of the question anyway with just 23 countries recognising
The two candidates had toughened their stances on
Ma advocates a common market with
Date created : 2008-03-22