Current Vice President Lai's DPP, which champions Taiwan's
separate identity and rejects China's territorial claims, was
seeking a third term, unprecedented under Taiwan's current
electoral system.
Lai was facing two opponents for the presidency - Hou Yu-ih of
Taiwan's largest opposition party the Kuomintang (KMT) and
former Taipei Mayor Ko Wen-je of the small Taiwan People's
Party, only founded in 2019. Both conceded defeat.
Lai was due to speak to reporters at 8:30 p.m. (1230 GMT) in
Taipei.
In the run-up to the election, China denounced Lai as a
dangerous separatist, saying that any moves towards Taiwan's
formal independence meant war, and rebuffed Lai's calls for
talks.
Lai says he is committed to preserving peace and the status quo
across the Taiwan Strait and boosting the island's defences.
(Reporting by Yimou Lee and Ben Blanchard; additional reporting
by Sarah Wu and James Pomfret; Editing by Michael Perry,
Muralikumar Anantharaman Toby Chopra, Kirsten Donovan)
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