On the brink; Taiwan's Kuomintang.(Taiwan's Kuomintang badly defeated)(Nationalist Party)(Brief Article)

From: The Economist (US) | Date: December 8, 2001 | Copyright information

A shattering defeat for Asia's richest political party

TAIWAN'S Nationalist Party or Kuomintang (KMT), the oldest, once the most powerful and still the richest party in East Asia, is in danger of political oblivion. In the parliamentary election in Taiwan on December 1st, the KMT lost its majority for the first time in its history, ceding almost half its seats. This compounded the humiliation it had suffered in the presidential poll last year at the hands of the then opp...

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