Taiwan Can Keep Growing Without Beijing’s Approval

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Taiwan Can Keep Growing Without Beijing’s Approval
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Heard on the Street: Deteriorating relations with Beijing won’t derail Taiwan’s fundamental strengths

Taiwan on Saturday voted overwhelmingly to re-elect President Tsai Ing-wen, a result widely seen as a rejection of closer ties with mainland China. But this may not matter as much for the island’s economy as investors might think.

The landslide election—more than eight million votes for Ms. Tsai marked a record—comes as many Taiwanese eye Beijing’s intransigent stance on the Hong Kong protests and more aggressive rhetoric in recent years with rising alarm. Self-ruled Taiwan, one of Asia’s most vibrant democracies, is claimed...

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